Bitcoin ETFs Lose $696 Million as Blackrock and Fidelity Lead Broad Crypto Selloff

CN
1 hour ago

  • Key Takeaways:

    • Bitcoin ETFs lost $696.29M on June 25, with Fidelity and Blackrock leading outflows.
    • Ether, HYPE, and solana ETFs also turned negative, signaling broader risk-off sentiment.
    • Morgan Stanley’s MSBT added $9.17M, but ETF demand remains weak across crypto markets.
  • The pressure that had been building all week finally broke into a wider rout.

    Bitcoin ETFs suffered their largest daily outflow of the week, pushing total weekly redemptions to about $1.35 billion. What began as a steady withdrawal from major funds has now become a broader retreat, with selling spread across nearly the entire bitcoin ETF complex.

    Bitcoin ETFs recorded $696.29 million in net outflows, marking the category’s sixth consecutive day in negative territory. The exits were spread across eight funds.

    Fidelity’s FBTC led the losses with a $274.48 million outflow, narrowly ahead of Blackrock’s IBIT, which lost $265.68 million. Ark & 21Shares’ ARKB saw $82.11 million leave, while Invesco’s BTCO posted a $53.03 million exit.

    Other withdrawals added to the strain. Vaneck’s HODL lost $11.72 million, Bitwise’s BITB shed $7.07 million, Franklin’s EZBC saw $6.84 million exit, and Valkyrie’s BRRR recorded a $4.51 million outflow.

    Bitcoin ETFs Lose $696 Million as Blackrock and Fidelity Lead Broad Crypto Selloff

    Total redemptions for the week cross $1.35 billion. Source: Sosovalue

    Morgan Stanley’s MSBT was the lone positive contributor, adding $9.17 million. But against the scale of the broader redemptions, the inflow barely moved the needle.

    Total bitcoin ETF value traded reached $3.50 billion, while total net assets closed at $72.57 billion.

    Ether ETFs also came under pressure, with $81.87 million in net outflows. The selling was spread across five funds.

    Blackrock’s ETHA led the exits with $62.99 million in outflows. Grayscale’s ETHE lost $8.06 million, while the Grayscale Ether Mini Trust saw $5.48 million leave. Fidelity’s FETH posted a $3.49 million exit, and BlackRock’s ETHB lost $2.41 million.

    Bitwise’s ETHW offered the only inflow, adding $556,950. Total ether ETF value traded stood at $562.69 million, and net assets closed at $8.30 billion.

    HYPE ETFs, one of the market’s most reliable sources of inflows in recent weeks, also turned negative. The category posted $4.64 million in outflows, split between Bitwise’s BHYP with $2.82 million and 21Shares’ THYP with $1.82 million. Total value traded was $12.37 million, while net assets closed at $200.59 million.

    Solana ETFs lost $3.94 million, entirely through Bitwise’s BSOL. Total value traded reached $57.97 million, with net assets closing at $755.51 million.

    XRP ETFs saw no trading activity. Net assets closed at $906.59 million.

    Thursday’s flows left little room for nuance. Bitcoin and ether remained the main sources of pressure, but the weakness also reached HYPE and solana, turning the session into one of the broadest ETF selloffs of the week.

    免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

    Share To
    APP

    X

    Telegram

    Facebook

    Reddit

    CopyLink