Lookonchain
Spot Bitcoin ETFs shed 7,042 BTC ($483.59M) on June 2, extending a seven-day outflow streak to 25,914 BTC ($1.78B), per the underlying flow data. Spot Ethereum ETFs lost 22,452 ETH ($44.23M) on the day, with the seven-day cumulative outflow at 147,560 ETH ($290.69M).
The two majors moved in lockstep — both single-day and seven-day windows are deep red across BTC and ETH products, suggesting coordinated de-risking rather than product-specific noise.
Why it matters
Spot Solana ETFs printed the opposite tape: +4,066 SOL ($321K) on the day and +39,397 SOL ($3.11M) over seven days. The scale is small relative to the BTC and ETH products, but the directional split is notable — capital is rotating within the spot-ETF complex, not exiting it wholesale.
Market impact
The divergence is the read. BTC and ETH seeing their heaviest single-day outflows of the streak while SOL's complex quietly accumulates is the kind of relative-strength signal that tends to persist once it shows up in ETF flow data. Watch whether Tuesday's session extends the BTC/ETH bleed or whether the $1.78B weekly figure marks the flush.
Frequently asked questions
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How much did spot Bitcoin ETFs lose on June 2?
Spot Bitcoin ETFs shed 7,042 BTC ($483.59M) in net outflows on June 2, per the underlying flow data.
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What was the seven-day outflow total for spot BTC ETFs?
Seven-day cumulative outflows reached 25,914 BTC, worth roughly $1.78 billion — the bulk of the streak.
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Did spot Ethereum ETFs also bleed on June 2?
Yes. Spot ETH ETFs lost 22,452 ETH ($44.23M) on the day, with the seven-day cumulative outflow at 147,560 ETH ($290.69M).
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Why did spot Solana ETFs move in the opposite direction?
Spot SOL ETFs posted +4,066 SOL ($321K) on June 2 and +39,397 SOL ($3.11M) over seven days — a small but consistent green streak against the BTC and ETH bleed.
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What is the broader read from the ETF flow data?
BTC and ETH products saw coordinated de-risking rather than product-specific noise, while SOL ETFs quietly accumulated — suggesting capital is rotating within the spot-ETF complex rather than exiting it wholesale.
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