Ethereum and Bitcoin spot ETFs see first inflows after weeks of outflows, led by BlackRock's ETHA fund.
After weeks of continuous outflows, US spot Bitcoin and Ethereum ETFs recorded net inflows on June 4-5, ending long streaks of redemptions. Bitcoin ETFs gained about $3.05 million after 13 days of outflows totaling $4.4 billion, while Ethereum ETFs attracted $19.30 million following 17 days of outflows. The entire Ethereum inflow came from BlackRock's iShares Ethereum Trust (ETHA), highlighting BlackRock's influence in crypto ETF flows. Despite the inflows, the recovery is modest relative to prior outflows, suggesting a broader shift in investor risk appetite rather than asset-specific news.
After weeks of continuous outflows, US spot Bitcoin and Ethereum ETFs recorded net inflows on June 4-5, ending long streaks of redemptions. Bitcoin ETFs gained about $3.05 million after 13 days of outflows totaling $4.4 billion, while Ethereum ETFs attracted $19.30 million following 17 days of outflows. The entire Ethereum inflow came from BlackRock's iShares Ethereum Trust (ETHA), highlighting BlackRock's influence in crypto ETF flows. Despite the inflows, the recovery is modest relative to prior outflows, suggesting a broader shift in investor risk appetite rather than asset-specific news.
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