Bitcoin Spot ETFs Log $397M Net Outflow on June 3, Extending Outflow Streak to 13 Days

ME News reports that, as of June 4 (UTC+8), SoSoValue data showed Bitcoin spot ETFs posted a combined net outflow of $397 million on June 3 (U.S. Eastern Time), marking the 13th straight day of net redemptions. BlackRock's iShares Bitcoin Trust (IBIT) led the day's withdrawals with a net outflow of $342 million, while its cumulative historical net inflow stands at $62.636 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) followed with a net outflow of $54.2553 million, bringing its cumulative historical net inflow to $10.458 billion. As of publication, spot Bitcoin ETFs held $82.832 billion in total net asset value. Their net asset ratio—ETF market value as a share of Bitcoin's total market cap—was 6.36%. Cumulative net inflows across the category totaled $54.263 billion. (Source: SoSoValue)