US spot Bitcoin exchange-traded funds snapped a five-day capital flight on June 12, pulling in $85.8 million in net inflows. According to SoSoValue data, the positive turn temporarily halted a grueling multi-week slowdown, though the fund category still concluded the trading week with $315.8 million in total net redemptions.
BlackRock’s iShares Bitcoin Trust (IBIT) spearheaded the Friday turnaround, logging $57.7 million in fresh capital, followed by Fidelity’s FBTC with $18.0 million. Crucially, no individual fund recorded net outflows on the day. Despite the brief respite, Bitcoin investment vehicles have faced systemic selling pressure, shedding over $3 billion in the preceding two weeks. Reflecting recent broader market corrections, IBIT’s net assets now sit at $48.7 billion, roughly $13.4 billion below its cumulative net inflows on a mark-to-market basis, with the price of Bitcoin stabilizing around $64,180.
Conversely, spot Ether ETFs extended their downward trajectory, marking a fourth consecutive day of redemptions with a $4.9 million net loss on Friday. The funds closed the week down $14.9 million overall, despite a brief $82.4 million inflow on Monday. The persistent downturn has pushed Ethereum products into a significant valuation deficit. The category’s $9.2 billion in total net assets now trails its $11.2 billion in cumulative net inflows by roughly $2 billion. This mark-to-market contraction mirrors Ether’s price decline to around $1,680, dragging total Ethereum ETF assets under management well below the levels recorded in mid-2025.
