List of Flash News about BTC ETF price impact
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2025-06-02 13:51 |
Bitcoin ETF Net Outflows Exceed $745M While Ethereum ETF Inflows Surge: June 2 Trading Analysis
According to Lookonchain, on June 2, the combined net outflow from 10 Bitcoin ETFs reached 7,157 BTC, totaling approximately $745.93 million, with iShares (Blackrock) alone witnessing outflows of 4,113 BTC ($428.65 million) and holding 660,842 BTC ($68.88 billion). In contrast, nine Ethereum ETFs experienced a net inflow of 26,572 ETH, valued at $66.64 million. iShares (Blackrock) led Ethereum ETF inflows with 27,241 ETH ($68.32 million). This shift highlights a short-term bearish trend for Bitcoin, while Ethereum sees increased institutional interest, signaling potential rotation of capital within the crypto ETF market. Traders should monitor these ETF net flows closely, as they are critical indicators for near-term price momentum and liquidity shifts. (Source: Lookonchain @lookonchain, June 2, 2025) |