Blackrock’s $300M IBIT Exit Extends Bitcoin ETF Exit Streak to 8 Days

XRP ETFs add $15 million as Bitcoin and Ether funds lose a combined $261 million

The latter part of June began with a familiar split across the world. crypto ETF market.

Bitcoin remained under pressure, ether fell again, and yet investors continued to increase their exposure to altcoin products. Today’s feeds showed a market still wary of larger assets, but far from disengaged.

Bitcoin Outflows Continue as IBIT Leads Decline

Bitcoin ETF recorded $231.10 million in net outflows, marking their eighth consecutive day in negative territory. The overall figure is largely due to a single fund.

Blackrock’s IBIT saw a strong outflow of $300.38 million, extending its recent role as a major source of pressure across the globe. Bitcoin ETFs complex. Grayscale Bitcoin Mini Trust also lost $22.95 million, while Fidelity’s FBTC saw a more modest outflow of $3.94 million.

The rest of the category showed more constructive demand. Ark & 21Shares’ ARKB brought in $49.97 million, while Grayscale’s GBTC added $35.10 million. Morgan Stanley’s MSBT attracted $7.26 million and Vaneck’s HODL gained $3.83 million.

Without the significant takeover of IBIT, the Bitcoin ETFs the market would have seemed much healthier. Instead, total trading value stood at $2.13 billion, while total net assets closed at $73.19 billion.

Ether ETFs also finished in the red, posting $30.04 million in net outflows. The largest outflow came from Blackrock’s ETHB, which lost $37.55 million. Grayscale’s Ether Mini Trust added an outflow of $5.72 million.

These losses were partly offset by capital inflows elsewhere. Blackrock’s ETHA added $5.87 million, Fidelity’s FETH added $5.25 million, and Grayscale’s ETHE gained $2.10 million. The total value of ether ETFs traded reached $547.38 million, while net assets closed at $8.59 billion.

XRP Leads Altcoin Flows as Solana and HYPE Remain Positive

XRP ETFs generated the strongest results altcoin session progress, adding $15.34 million. Bitwise XRP The product leads with $11.49 million, while Canary’s XRPC added $3.40 million. Total XRP The value of the ETF traded was $12.50 million and the net assets closed at $971.63 million.

Solana ETFs also attracted new capital, with $5.52 million in net inflows. Bitwise’s BSOL accounted for the bulk of the gain, adding $4.63 million, while Fidelity’s FSOL attracted $892,130. Total Solana The value of ETFs traded reached $75.02 million, with net assets closing at $876.37 million.

HYPE ETFs added $2.23 million, entirely via Bitwise’s BHYP. The total trading value stood at $17.11 million, while net assets closed at $334.70 million.

Monday’s feeds showed a divided but still active market. Bitcoin and Ether ETFs remained vulnerable to massive outflows from a single fund, while XRP, Solana and HYPE continued to attract selective capital from investors looking beyond the two largest crypto assets.