Bitcoin and Ethereum spot ETFs recorded over $102 million in net outflows on June 18, according to GFdaily data. The figure represents the total redemptions across all products tracking the two largest cryptocurrencies.
What net outflows mean
Net outflows occur when more ETF shares are redeemed than created on a given day. For spot ETFs, this means the funds sold underlying Bitcoin or Ethereum to meet the redemptions. The $102 million figure is a combined net number, so it could reflect a mix of inflows and outflows across individual funds.
A single-day snapshot
One day of data doesn't establish a trend. ETF flows are volatile and often reverse. The June 18 outflows come after a period of mixed activity, but the size of the movement makes it one to watch. The next set of daily figures will show whether selling pressure persists or fades.
GFdaily will continue tracking daily flows from the major spot ETF issuers.
