ETF OUTFLOWS BLOODBATH: $1.72B Exits in 5 Days — Second-Worst Ever
From June 1 to June 5, spot Bitcoin ETFs recorded the second-largest negative result in history with $1.72 billion in net outflows. BlackRock's **IBIT alone lost $1.34 billion. Total assets under management for U.S. spot Bitcoin ETFs have fallen from $107.8 billion on May 14 to just **$80.4 billion. Spot Ethereum ETFs also ended the week in the red with **$168.22 million in outflows**, led by BlackRock's ETHA losing $111.52 million.
$BTC $ETH $BNB
#NasdaqWorstDayInOverAYear ADAFallsToLate2020LowsAt$0.16#IranWarnsOfHormuzStraitClosure #USDTMarketCapOvertakesEthereum #VisaTestsPrivacyStablecoinSettlement #SP500KeepsOriginalRulesBlockingSpaceX
From June 1 to June 5, spot Bitcoin ETFs recorded the second-largest negative result in history with $1.72 billion in net outflows. BlackRock's **IBIT alone lost $1.34 billion. Total assets under management for U.S. spot Bitcoin ETFs have fallen from $107.8 billion on May 14 to just **$80.4 billion. Spot Ethereum ETFs also ended the week in the red with **$168.22 million in outflows**, led by BlackRock's ETHA losing $111.52 million.
$BTC $ETH $BNB
#NasdaqWorstDayInOverAYear ADAFallsToLate2020LowsAt$0.16#IranWarnsOfHormuzStraitClosure #USDTMarketCapOvertakesEthereum #VisaTestsPrivacyStablecoinSettlement #SP500KeepsOriginalRulesBlockingSpaceX
