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The US spot Bitcoin ETF saw a net outflow of $397 million in a single day, with BlackRock IBIT outflows of $342 million.
According to Farside Investors data, on June 3rd, the total net outflow from the US spot Bitcoin ETF was $396.6 million.
BlackRock IBIT experienced a net outflow of $342.3 million, the largest outflow of the day; Fidelity FBTC had a net outflow of $54.3 million.
Next, three things to watch: whether related funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation information.
A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be considered: during the same period, the US spot Ethereum ETF experienced a total net outflow of $53 million, with BlackRock ETHA outflows of $51.6 million, and FETH outflows of $1.4 million.
$ibit #btc #eth #etha #etf