U.S. spot Bitcoin ETFs recorded $484 million in net outflows on June 1, marking a broad day of withdrawals across the sector. BlackRock’s IBIT led the decline with $440 million in net outflows, accounting for most of the day’s total, while Morgan Stanley’s MSBT posted the largest reported inflow at $6.14 million. Despite the daily pullback, the category remained large, with $91.16 billion in total net assets and $55.18 billion in cumulative net inflows, underscoring the continued importance of spot Bitcoin ETFs as a regulated channel for Bitcoin exposure.