U.S. spot bitcoin ETFs shed $91.37M on June 8 while ether ETFs drew $82.37M, a single-day divergence pointing to capital rotation between the two assets.

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.

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.

Bitcoin ETFs lost $91M on June 8 while Ethereum ETFs gained $82M, extending a weeks-long divergence that hints at institutional capital rotation.

U.S. spot bitcoin ETFs shed $91.37M on June 8 while ether ETFs drew $82.37M, a single-day divergence pointing to capital rotation between the two assets.

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.

The pace of outflows from U.S. spot Bitcoin ETFs has “moderated,” with analysts assessing whether selling pressure is exhausting.