US spot Bitcoin ETFs see net single-day outflow of $484 million, with BlackRock's IBIT accounting for over 90%

BlockBeats news, on June 2, according to Farside Investors data, on June 1, US spot Bitcoin ETFs recorded a total net outflow of $483.8 million, continuing the recent trend of capital withdrawal. Among them, BlackRock IBIT posted a single-day net outflow of $440.3 million, accounting for more than 90% of the total outflow for the day and becoming the main driver of capital outflows; Fidelity FBTC saw a net outflow of $37.3 million, and ARK 21Shares ARKB had a net outflow of $12.3 million. Only MSBT recorded a net inflow of $6.1 million.

Meanwhile, US spot Ethereum ETFs recorded a total net outflow of $44.5 million on the same day. BlackRock ETHA saw a net outflow of $35 million, Fidelity FETH recorded a net outflow of $9.5 million, while net flows for other products remained largely unchanged.