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Bitcoin ETFs see 13th day of outflows, losing $396M as crypto funds face broad sell-off.

Market News
04 Jun 2026
Bitcoin
View Source
Bearish
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Bitcoin ETFs experienced $396.6 million in outflows on June 3, marking the 13th consecutive day of net redemptions, with Blackrock's IBIT fund leading withdrawals. Ether ETFs also extended their losing streak to 17 days, losing $52.94 million, mainly from Blackrock's ETHA. Solana and XRP ETFs recorded their first outflows in over a month, signaling widening pressure across crypto ETFs. The only exception was HYPE ETFs, which gained $2.99 million, showing some investor interest despite the broader market weakness. This trend reflects ongoing investor caution and reduced exposure to major and altcoin crypto assets.

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