Crypto exchange-traded funds recorded mixed flows on June 8, with ether ETFs gaining $82.37 million while bitcoin ETFs posted a $91.37 million net outflow. The negative bitcoin result stemmed from a single $232.92 million redemption from Blackrock's IBIT, which reversed gains across multiple other issuers. HYPE ETFs returned to positive territory with $2.47 million in inflows after recording their first outflow last week, while solana ETFs lost $471,650 and XRP ETFs saw no trading activity.
Bitcoin ETFs Record $91.37M Net Outflow on June 8
Bitcoin ETFs recorded a net outflow of $91.37 million on June 8. Ark & 21Shares' ARKB led inflows with $63.14 million, while Fidelity's FBTC added $59.37 million. Bitwise's BITB brought in $14.12 million, and Morgan Stanley's MSBT added $4.91 million.
Blackrock's IBIT saw a $232.92 million outflow, which turned an otherwise positive day into a net loss for the bitcoin ETF category. Total bitcoin ETF value traded reached $2.78 billion, while total net assets closed at $79.63 billion.
![Bitcoin ETFs begin new week with net outflows]()
Ether ETFs Gain $82.37M Across Seven Issuers
Ether ETFs posted $82.37 million in net inflows on June 8, spread across seven issuers. Fidelity's FETH led the group with $28.57 million, followed by Blackrock's ETHB with $26.90 million. Blackrock's ETHA drew $17.82 million, while Grayscale's Ether Mini Trust added $8 million.
Bitwise's ETHW added $3.02 million, 21Shares' TETH added $1.26 million, and Invesco's QETH added $503,000. Vaneck's ETHV lost $3.70 million. Total ether ETF value traded stood at $580.19 million, with net assets closing at $9.36 billion.
![Seven ether ETFs pull in inflows on June 8]()
HYPE and Solana ETFs Show Divergent Flows
HYPE ETFs returned to inflows after recording their first outflow last week. The category added $2.47 million, split between Bitwise's BHYP with $1.79 million and Grayscale's HYPG with $675,310. Total value traded was $31.91 million, while net assets closed at $177.83 million.
Solana ETFs posted a $471,650 net outflow. Fidelity's FSOL added $795,420, and 21Shares' TSOL gained $196,780. Bitwise's BSOL lost $1.46 million, leaving the category negative. Total value traded was $54.07 million, and net assets closed at $773.31 million. XRP ETFs saw no trading activity.
FAQ
What caused bitcoin ETFs to post a net outflow on June 8?
Bitcoin ETFs recorded a $91.37 million net outflow on June 8 due to a single $232.92 million redemption from Blackrock's IBIT, which reversed gains from four other issuers including ARKB ($63.14 million), FBTC ($59.37 million), BITB ($14.12 million), and MSBT ($4.91 million).
Which ether ETF received the largest inflow on June 8?
Fidelity's FETH led ether ETF inflows on June 8 with $28.57 million, followed by Blackrock's ETHB with $26.90 million and Blackrock's ETHA with $17.82 million. The ether ETF category posted a total of $82.37 million in net inflows across seven issuers.
Did HYPE ETFs record inflows or outflows on June 8?
HYPE ETFs returned to inflows on June 8 with $2.47 million in net gains, split between Bitwise's BHYP ($1.79 million) and Grayscale's HYPG ($675,310), after recording their first outflow last week.
