Crypto ETFs opened June on a defensive note, with BTC funds losing nearly half a billion dollars and ether ETFs extending their outflow streak

US spot Bitcoin ETFs saw $1.42B in outflows last week, the third largest ever. BlackRock's IBIT led with $966M as institutions de-risk amid macro headwinds.

U.S. spot Bitcoin ETFs extended their outflow streak to 10 days, as crypto markets contend with multiple simultaneous headwinds.