Bitcoin ETFs Reverse $4.4B Outflow Streak with $3M Influx
By John Nada·Jun 5, 2026·2 min read
Bitcoin ETFs halt $4.4B outflow streak with a $3M inflow. Ethereum ETFs see $19.3M uptick, hinting at shifting market dynamics.
On Thursday, U.S. spot bitcoin ETFs managed to pull in $3.05 million, breaking a 13-day streak of outflows that had seen over $4.4 billion exit the funds, according to CoinDesk. This influx is a mere drop in the bucket compared to the massive redemptions, but it marks an end to a particularly difficult stretch.
The bleeding in bitcoin ETFs brought their total assets down to $80.40 billion from a more robust $104.29 billion. BlackRock's IBIT, the largest bitcoin ETF, defied the trend by attracting $47.66 million on the same day, while Fidelity's FBTC, Bitwise's BITB, and Ark's ARKB continued to see outflows.
The current landscape leaves bitcoin ETF assets under management at 1.277 million BTC, a noticeable 7.2% below the October highs. This hovers just above February's low, reflecting the cryptocurrency's struggle to regain its footing after dipping to $63,800 on Thursday.
Strait of Hormuz Standoff—20% of Global Oil Supply At Risk
Strait of Hormuz holds 20% of global oil supply captive, redefining energy risk.
Meanwhile, spot ether ETFs also drew in $19.30 million, snapping a 17-day outflow streak. Most notably, BlackRock's ETHA stood out, capturing the inflows while its peers saw no change. These shifts have set total ether ETF assets at $9.78 billion, trailing behind their peak earlier this year.
Still, not every fund faced outflows. Hyperliquid’s HYPE ETFs have been a rare bright spot, consistently attracting capital since their mid-May debut. Even as Bitcoin and Ethereum prices stumble—Bitcoin recently fell to $62,700 and Ethereum to $1,670—the broader market is grappling with external pressures, such as a downturn in global equities driven in part by Broadcom’s missed outlook and a 4.7% slide in South Korea's KOSPI index.
Crypto markets are enduring their toughest week since July 2024, a period marked by a 15% drop for Bitcoin and a 17% slump for Ethereum, compounded by a zcash exploit and shifting AI investment strategies. As the dust settles, the industry is left pondering the implications of these dramatic shifts in sentiment and capital flow.