Back

U.S. Spot Bitcoin ETFs See $484 Million in Net Outflows on June 1

BlackRock’s IBIT accounted for most June 1 withdrawals, while Morgan Stanley’s MSBT posted the largest inflow; U.S. spot Bitcoin ETFs still held $91.16 billion in net assets and $55.18 billion in cumulative inflows.

BTC

Summary

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.

Terms & Concepts
  • Spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly, giving investors market exposure without requiring them to buy and custody the asset themselves.
  • Net outflows: The amount of money withdrawn from a fund after subtracting new investments over a given period.
  • Net assets: The total value of a fund’s holdings after accounting for liabilities, often used to measure a product’s size.