BlackRock's IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid's HYPE products as the only major crypto ETF category still pulling in net new money.

Bitcoin and ether ETFs closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion.

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

Crypto ETF flows remained under heavy pressure on Tuesday, June 2, as bitcoin funds posted a 12th straight day of redemptions.

BlackRock's IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid's HYPE products as the only major crypto ETF…

Crypto ETF flows remained broadly negative on Wednesday, June 3, as bitcoin and ether funds extended long outflow streaks.

Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows.