Lookonchain
Spot Bitcoin ETFs shed 6,679 BTC (roughly $445.2M) in net outflows on June 3, extending a seven-day streak that has now drained 28,955 BTC (about $1.93B) from the product complex. Spot Ethereum ETFs bled alongside them, posting 31,294 ETH (roughly $57.96M) in single-day outflows and 169,251 ETH (around $313.45M) over the trailing week. The contrast sits with the year-old US spot Solana ETFs, which logged 2,087 SOL in net creations (about $154K) on the day and 38,625 SOL (roughly $2.86M) across the week — the only product line in the three-name complex still printing green.
Why it matters
The numbers compress three different stories into one tape. The Bitcoin leg is the more consequential — daily outflows of that size mean authorised participants are pulling BTC out of the wrapper, and the seven-day stack near $2B shows this is not a one-ticket redemption. The Ethereum bleed is smaller in dollars but a much larger percentage of product AUM given the segment's thinner base, and the persistence (a second straight week of sizeable outflows) suggests the post-launch allocators who piled in for the spot approval are now trimming exposure into the same macro tape weighing on BTC.
Market impact
The Solana leg is the one institutional desks will be reading. A still-new product line keeping net creations positive while the two larger siblings bleed capital is the kind of relative-strength signal that allocator committees track even when the absolute dollar size is modest. The $2.86M weekly print is small next to the billions leaving BTC and ETH products, but the direction matters: in a tape where two of three spot categories are red, the green one tends to attract the next marginal allocation.
Frequently asked questions
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How much did spot Bitcoin ETFs lose on June 3?
Spot Bitcoin ETFs posted 6,679 BTC (~$445.2M) in net outflows on June 3, bringing the seven-day total to 28,955 BTC (~$1.93B).
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How much did spot Ethereum ETFs lose on June 3?
Spot Ethereum ETFs shed 31,294 ETH (~$57.96M) on June 3, with the trailing week at 169,251 ETH (~$313.45M) of net redemptions.
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Did any spot crypto ETF category see inflows on June 3?
Yes — US spot Solana ETFs recorded 2,087 SOL (~$154K) of net creations on June 3, and 38,625 SOL (~$2.86M) across the week, the only product line in the BTC/ETH/SOL complex still printing green.
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Why does the Solana print matter if the dollar size is small?
In a tape where BTC and ETH spot products are bleeding capital, a still-new product line (Solana ETFs launched in 2024) keeping net creations positive is a relative-strength signal allocator committees track, even when the absolute dollar size is modest next to the larger siblings.
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What does a $1.93B weekly Bitcoin ETF outflow mean structurally?
It means authorised participants are unwrapping BTC out of the ETF vehicle, not rebalancing coupon. A seven-day stack of that size is a sustained redemption pattern, not a single-ticket flow event.
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