⚠️ MARKET ALERT !!!
ETF BITCOIN NET WITHDRAWAL OF 214 MILLION USD ON 6/10 — ETH ETF ALSO LOST 35.6 MILLION USD 🔥🟡📉
According to SoSoValue, on 6/10 (US time), spot Bitcoin ETFs recorded a total net withdrawal of 214 million USD — the heaviest outflow in this cycle 🛠
Grayscale Bitcoin Mini Trust ETF BTC is a rare bright spot with a net inflow of 17.52 million USD — while the rest of the BTC ETF market is facing heavy sell pressure 💰
Ethereum ETF didn't escape either: total net withdrawal of 35.59 million USD. BlackRock ETHB led the inflow with 1.68 million USD — not enough to offset the wave of withdrawals 📊
Three consecutive days of withdrawals, peaking at 214 million USD in one day — institutions are clearly reducing exposure to crypto amidst high CPI and geopolitical tensions 🎯
ETF cash flow is a crucial leading indicator. If the net withdrawal trend continues into next week, the BTC support level at 60K will be seriously tested. Not investment advice.
#BitcoinETF #EthereumETF #InstitutionalFlow
$BTC $ETH $FIGHT
ETF BITCOIN NET WITHDRAWAL OF 214 MILLION USD ON 6/10 — ETH ETF ALSO LOST 35.6 MILLION USD 🔥🟡📉
According to SoSoValue, on 6/10 (US time), spot Bitcoin ETFs recorded a total net withdrawal of 214 million USD — the heaviest outflow in this cycle 🛠
Grayscale Bitcoin Mini Trust ETF BTC is a rare bright spot with a net inflow of 17.52 million USD — while the rest of the BTC ETF market is facing heavy sell pressure 💰
Ethereum ETF didn't escape either: total net withdrawal of 35.59 million USD. BlackRock ETHB led the inflow with 1.68 million USD — not enough to offset the wave of withdrawals 📊
Three consecutive days of withdrawals, peaking at 214 million USD in one day — institutions are clearly reducing exposure to crypto amidst high CPI and geopolitical tensions 🎯
ETF cash flow is a crucial leading indicator. If the net withdrawal trend continues into next week, the BTC support level at 60K will be seriously tested. Not investment advice.
#BitcoinETF #EthereumETF #InstitutionalFlow
$BTC $ETH $FIGHT