Bitcoin ETFs Roar Back After Three-Day Dip
Emmanuel Musa
Markets and Prices
Bitcoin ETFs Roar Back After Three-Day Dip as Ether ETFs Extend Inflow Streak to Twelfth Day
Bitcoin ETFs rebounded from a three-day outflow streak, notching a $378 million inflow, led by ARKB and FBTC. Ether ETFs extended their bullish momentum with a twelfth consecutive day of inflows, totaling $109.43 million.
Crypto ETFs See Over $487 Million Combined Inflows
Investor optimism returned in full force as bitcoin exchange-traded funds (ETFs) returned from three consecutive days of outflows with a robust $378.04 million inflow on Tuesday, June 3. Confidence poured into Ark 21Shares’ ARKB and Fidelity’s FBTC, which pulled in $139.93 million and $136.83 million, respectively. Together, the two funds accounted for over 70% of the day’s net flow.
Blackrock’s IBIT maintained its magnet status with $57.97 million, while Vaneck’s HODL brought in $18.79 million. Rounding out the green board were Bitwise’s BITB ($14.46 million), Grayscale’s Bitcoin Mini Trust ($7.06 million), and Valkyrie’s BRRR ($3.01 million). Notably, no outflows were recorded across any bitcoin ETF, a rare signal of unanimous market confidence.
Bitcoin ETFs Roar Back After Three-Day Dip as Ether ETFs Extend Inflow Streak to Twelfth Day
Source: Sosovalue
Trading activity was strong, with total value exchanged reaching $2.87 billion, and net assets for bitcoin ETFs ticking back up to $128.13 billion.
Meanwhile, ether ETFs extended their remarkable streak with a 12th straight day of inflows, bringing in a combined $109.43 million.
Blackrock’s ETHA led once again, absorbing $77.06 million, while Fidelity’s FETH drew in $20.97 million. Grayscale’s Ether Mini Trust contributed $8.41 million, and Franklin’s EZET added $2.99 million to cap off the day’s gains. With total value traded at $472.5 million, ether ETFs now sit at $9.81 billion in net assets.
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