On June 17, outflows from BTC-ETFs amounted to $145.8 million, totaling $561.1 million over the past three trading days, according to SoSoValue.
The worst performance on the last reporting day was seen by Fidelity’s FBTC (-$92 million). Clients withdrew $50 million from ARK Invest’s ARKB.
For other approved exchange-traded funds, changes ranged from -$4 million (VanEck’s HODL) to $3 million (Bitwise’s BITB).
The cumulative inflow since the registration of these instruments has decreased to $14.96 billion.
Earlier, CoinShares estimated the outflow from cryptocurrency investment products from June 8 to 14 at $600 million, including $621 million based on bitcoin. These figures were the highest since March 2024, equivalent to a third of the inflows from the previous week.
Analysts attributed the change in sentiment to the publication of the Fed‘s key rate forecasts, which did not meet expectations.