Key Takeaways:
- BlackRock's IBIT pulled in $47.7M, ending a 13-day outflow streak.
- Bitcoin ETFs posted $3.05M in net inflows, their first green session in 14 days.
- Ether ETFs added $19.3M via ETHA, snapping a 17-day losing run.
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BlackRock's IBIT ends 13-day outflow streak with $48M inflow
Bitcoin ETFs recorded $3.05 million in net inflows on June 4, ending a 13-day outflow streak as BlackRock's IBIT pulled in $47.66 million.
BlackRock's IBIT added $47.66 million while Morgan Stanley's MSBT contributed $9.87 million, according to daily ETF flow data compiled by Bloomberg. The inflows were not uniform — Ark & 21Shares' ARKB lost $20.72 million, Bitwise's BITB saw $15.57 million exit, Invesco's BTCO posted a $12.65 million outflow, and Fidelity's FBTC shed $5.54 million. Total value traded across bitcoin ETFs reached $3.55 billion, with net assets at $80.40 billion.
Ether ETFs delivered a cleaner rebound, posting $19.30 million in net inflows entirely through BlackRock's ETHA. That ended a 17-day outflow streak and gave the category its first positive session in more than three weeks. Total ether ETF value traded stood at $605.55 million, while net assets closed at $9.78 billion.
The reversal comes as bitcoin trades at $64,166, recovering from a daily low of $61,310 — the deepest intraday level since February. The relative strength index sits at 19.23, a historically extreme reading that has preceded every significant bitcoin reversal across multiple cycles, according to Coinglass data. The $65,000 to $68,000 zone is the level bitcoin needs to reclaim on a daily close basis to keep the floor intact, while a break below $61,000 would open the path toward $50,000.
HYPE ETFs extended their winning run to 16 days, adding $12.15 million. Bitwise's BHYP led with $7.45 million, while Grayscale's HYPG brought in $4.70 million. XRP ETFs added $3.83 million via Franklin's XRPZ, while Solana ETFs posted a $278,500 outflow from Invesco's QSOL.
Thursday's flows did not erase the damage from weeks of redemptions, but they changed the tone. Bitcoin and ether finally found buyers after prolonged selling pressure, and the market moved from broad outflows to a more selective recovery. The next test is whether the inflows sustain into next week, or whether this was a one-day reprieve in a longer drawdown.
This article is for informational purposes only and does not constitute investment advice.
