ETH and BTC spot ETFs snap multi-week outflow streaks on…

Spot Ethereum ETFs recorded a net inflow of $19.3 million on June 4, ending a 17-consecutive-day outflow streak — the longest dry spell the product has seen in recent months. Spot Bitcoin ETFs followed with $3.05 million in net inflows, breaking their own 13-day outflow run.

Why it matters

Back-to-back streak breaks on the same day across both flagship crypto ETF products is a meaningful signal. Sustained outflows had raised questions about institutional appetite at current price levels; a simultaneous reversal suggests the selling pressure that defined the past two-plus weeks may have exhausted itself. The breadth across asset classes adds weight — this isn't a single-product rotation.

Market impact

Beyond ETH and BTC, spot XRP ETFs pulled in $3.83 million and spot HYPE ETFs added $12.15 million on the same session, while spot SOL ETFs saw a modest $278,500 net outflow. The aggregate picture tilts clearly positive. Whether June 4 marks a durable inflection or a one-day relief bounce is the key question — watch for follow-through inflows over the next 3-5 sessions to confirm the trend has turned.