BTC Spot ETF, Converted to Net Outflow in One Day... Approximately 396.5 Billion Won Withdrawn

Bitcoin spot ETF market switched to outflow (Source: @thepfund, X)

The U.S. Bitcoin (BTC) spot ETF market returned to net outflows in a single day. As of June 5 (local time), a total of 292 million dollars (about 396.5 billion won) have been withdrawn from the ETF market.

According to Trader T, net outflows occurred across major ETFs on this day. 13.86 million dollars were withdrawn from BlackRock IBIT, 80.17 million dollars from Fidelity FBTC, and 36.73 million dollars from Bitwise BITB. Additionally, Ark 21Shares AKRB showed the largest outflow of 102 million dollars, and Invesco BTCO saw 12.2 million dollars, VanEck HODL had 6.51 million dollars, Grayscale GBTC had 24.09 million dollars, and the BTC ETF had 16.7 million dollars in net outflows.

Particularly on this day, not a single ETF recorded net inflow, reflecting the rapidly contracting investment sentiment. Considering that net inflow was observed just one day prior, it is interpreted as a sign of still high market volatility.