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US spot crypto ETF flows show $1.72 billion Bitcoin outflow in June 1-5 week

US spot crypto ETF flows show $1.72 billion Bitcoin outflow in June 1-5 week

US spot Bitcoin ETFs logged their biggest weekly outflow since February 2025, led by BlackRock's IBIT, while Ethereum also saw redemptions and smaller XRP and HYPE funds recorded modest inflows.

BTC
ETH
SOL

Fact Check
The PANews article '比特币现货ETF上周净流出17.2亿美元' (citing SoSoValue) directly confirms the $1.72B Bitcoin spot ETF outflow during June 1-5, 2026, with BlackRock IBIT accounting for $1.337B of that outflow (largest contributor, matching 'driving most Bitcoin withdrawals'). The HYPE article confirms modest +$16.65M (~$17M) inflows to HYPE spot ETFs, matching the claim. The originating X post additionally cites XRP +$2.6M inflows, consistent with the modest XRP inflow claim. The headline numbers and qualitative description all match official SoSoValue-sourced reporting.
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Summary

SoSoValue data for the June 1-5 U.S. trading week showed $1.72 billion in net outflows from spot Bitcoin ETFs, the largest weekly withdrawal since February 2025, and $174 million in net outflows from spot Ethereum ETFs. BlackRock's IBIT led Bitcoin withdrawals with about $1.34 billion, its heaviest weekly outflow since launching in January 2024, while Fidelity's FBTC lost $202 million and Morgan Stanley's MSBT posted the largest Bitcoin inflow at $35.05 million. Smaller categories were mixed: XRP spot ETFs added $2.62 million, led by Canary's XRPC and Franklin Templeton's XRPZ despite a $4.0561 million outflow from Bitwise ETF XRP; Solana spot ETFs lost $6.5 million; and HYPE spot ETFs gained $16.65 million. Bitrue Research's Andri Fauzan Adziima attributed the Bitcoin selling to strong May 2026 U.S. jobs data, higher Treasury yields and broader risk-off sentiment, and said early-June weakness may persist before stabilizing later in the month.

Terms & Concepts
  • spot crypto ETF: Exchange-traded fund that holds the underlying crypto asset directly.
  • Treasury yields: Returns on U.S. government bonds.
  • risk-off sentiment: Market mood favoring safer assets.