The outflows were primarily driven by macroeconomic headlines, especially the stronger-than-expected U.S. jobs report, one analyst said.

Bitcoin ETF redemptions accelerated to $1.7B this week, with IBIT leading withdrawals amid a crypto selloff and stronger US jobs data.

US spot Bitcoin and Ethereum ETFs recorded net inflows after 13 and 17 days of outflows respectively, with BlackRock's ETHA driving the Ethereum recovery.

U.S. spot bitcoin ETFs lost $326M and ether ETFs shed $5.97M on June 5, resuming outflows a day after both snapped long streaks.

US spot Bitcoin ETFs lost $326 million on June 5, with BlackRock's IBIT accounting for $214 million. Ethereum ETFs shed $6 million the same day.

BlackRock's IBIT saw $213.63M in Bitcoin outflows on June 5, part of a $4.4B redemption wave across US spot Bitcoin ETFs over 13 days.

The outflows were primarily driven by macroeconomic headlines, especially the stronger-than-expected U.S. jobs report, one analyst said.

Crypto ETF flows stayed under pressure from June 1-5, with bitcoin funds posting a fourth straight week of withdrawals worth $5.4B in total.

Spot Bitcoin ETFs posted a fourth straight week of billion-dollar outflows, while Ether ETFs shed another $173 million as investors cut crypto exposure amid macro uncertainty.

One analyst predicted that selling pressure in bitcoin ETFs is starting to ease, pointing out that four funds saw net inflows for the day.

US spot Bitcoin ETFs lost $214M and Ethereum ETFs shed $35.6M on June 10, extending a 13-day outflow streak totaling $4.4B in Bitcoin ETF redemptions.