Bitcoin ETFs See $91M Outflow as Ether ETFs Attract $82M in Single-Day Capital Rotation
By
Shiraz Jagati
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Summary
On June 8, U.S. spot bitcoin ETFs experienced a net outflow of $91.37 million while spot ether ETFs saw a net inflow of $82.37 million, marking a significant single-day divergence that suggests institutional capital is rotating between the two largest crypto assets. This split occurs during a rough period for crypto funds overall, and ETF flows have become a key real-time indicator of institutional appetite for cryptocurrency exposure.
Key quotes
· 3 pulledU.S. spot bitcoin exchange-traded funds shed $91.37 million on June 8 even as their ether counterparts attracted $82.37 million, a one-day divergence that hints at capital rotating between the two largest crypto assets.
The split lands in the middle of one of the roughest stretches for crypto funds since they launched.
ETFs have become the clearest real-time gauge of institutional appetite for crypto
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