📉 Bitcoin ETFs See $90.66M Outflow
On June 18, U.S. Bitcoin spot ETFs recorded a $90.66 million net outflow.
Key Takeaways:
• Mixed Sentiment: While BlackRock’s IBIT saw a $96.66M outflow, Morgan Stanley’s MSBT bucked the trend with a $10.43M inflow.
• Market Context: Institutional flows are increasingly reflecting broader macro caution as investors rebalance portfolios amid hawkish Fed sentiment.
• ETF Totals: Despite recent redemptions, these ETFs manage ~$78.33B in assets, with cumulative historical inflows reaching $53.40B.
Are these outflows a sign of long-term caution or just temporary rebalancing? Let us know your take! 👇
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