U.S. spot crypto exchange-traded funds recorded no flow activity on June 19 as U.S. stock markets closed for the Juneteenth holiday, capping a weak four-day trading week that ended on June 18. The market closure halted regular trading for U.S.-listed spot Bitcoin and Ether ETFs and prevented new creation or redemption data for the day. The final trading session before the holiday showed continued pressure on crypto funds, with Bitcoin ETFs posting $90.7 million in net outflows and Ether ETFs losing $12.8 million on June 18.
Bitcoin ETFs Record $90.7 Million Outflows on June 18
U.S. spot Bitcoin ETFs posted $90.7 million in net outflows on June 18, the last trading session before the Juneteenth holiday. BlackRock's IBIT led the outflows with $96.7 million in withdrawals. VanEck's HODL recorded $4.4 million in outflows, while Morgan Stanley's MSBT added $10.4 million in inflows.
Other major Bitcoin funds, including Fidelity's FBTC, Bitwise's BITB, Ark Invest and 21Shares' ARKB, Invesco's BTCO, Franklin Templeton's EZBC, Valkyrie's BRRR, WisdomTree's BTCW, Grayscale's GBTC and Grayscale's lower-fee BTC product, recorded no net flow for the session.
Bitcoin ETFs Lose $227.5 Million in Shortened Week
For the shortened week ending June 18, U.S. spot Bitcoin ETFs lost a combined $227.5 million. The week began with $64.8 million in outflows on June 15, followed by a modest $10.2 million inflow on June 16. Selling resumed on June 17 with $82.2 million in outflows and deepened again on June 18 with the $90.7 million withdrawal.
BlackRock's IBIT posted $96.7 million in outflows on June 18. GBTC did not record an outflow on June 18. Bitcoin traded around the low-$60,000 range during the holiday period.
Ether ETFs Post $10 Million Net Weekly Outflows
Ether ETF flows were negative for the shortened week, with spot Ether ETFs recording approximately $10 million in net weekly outflows. The category gained $22.5 million on June 15 and $9.6 million on June 16, but those inflows were offset by $29.3 million in outflows on June 17 and $12.8 million on June 18.
On June 18, all of the $12.8 million in Ether ETF outflows came from BlackRock's ETHA. Other Ether products, including ETHB, FETH, ETHW, TETH, ETHV, QETH, EZET, ETHE and Grayscale's ETH product, showed no net flow for the session.
FAQ
Why did U.S. crypto ETFs record no flow activity on June 19?
U.S. spot crypto exchange-traded funds recorded no flow activity on June 19 because U.S. stock markets were closed for the Juneteenth holiday. The closure meant no regular trading for U.S.-listed spot Bitcoin and Ether ETFs and no new creation or redemption data for the day.
How much did Bitcoin ETFs lose in the week ending June 18?
U.S. spot Bitcoin ETFs lost a combined $227.5 million in the shortened week ending June 18. The week included $64.8 million in outflows on June 15, $10.2 million in inflows on June 16, $82.2 million in outflows on June 17, and $90.7 million in outflows on June 18.
