BTC and ETH spot ETFs both losing funds, signals of institutional capital withdrawal? This outflow cycle is lasting longer than many expected, on-chain data needs to be closely monitored.

BTC0.28%
ETH1.38%
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According to SoSoValue data, on June 1st Eastern Time, Bitcoin spot ETF had a total net outflow of $484 million, continuing 11 days of net outflows. Ethereum spot ETF had a total net outflow of $44.4389 million, continuing 15 days of net outflows.
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