finance
U.S. Spot Bitcoin ETFs See $397M Outflows as Assets Hold Above $82 Billion
U.S. spot bitcoin ETFs posted net outflows of $396.60 million on Wednesday, extending a 13-day redemption streak that has removed $4.37 billion since mid-May. Ether, solana and XRP funds also recorded outflows, while Hyperliquid-linked HYPE products were the only major category to attract net inflows.
Jun 4, 1:59 AM·1m read1 source
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U.S. 37 billion. 46 billion.
34 million withdrawn, according to SoSoValue data cited by CoinDesk. 26 million leave the same day. 65 percent respectively while bitcoin traded around $65,462, down from above $71,000 at the start of the week.
36 percent of bitcoin's circulating market cap. 56 percent as ether traded below $1,900. 56 million.
34 million. Hyperliquid's spot HYPE ETF complex was the only major category to post net inflows. 01 million.
39. Grayscale launched its own Hyperliquid product, HYPG, on Wednesday. Citi told clients on Tuesday that spot bitcoin ETF flows explain roughly 45 percent of weekly bitcoin price moves and remain the clearest gauge of investor adoption.
The bank said sentiment is likely to stay subdued while ETF flows remain negative.
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