Bitcoin ETF

Grayscale

Record

<p>On June 22, 2026, the US spot Bitcoin ETF market recorded net outflows of $68.18 million. This decline is explained by massive redemptions on BlackRock’s IBIT and Grayscale’s GBTC. These outflows completely overshadowed the positive performance of Ark Invest (+$64 million) and Fidelity (+$57.38 million). Above all, it reflects a strong polarization among institutional investors.</p>
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  <h2 class="in-brief--title" id="in-brief">In Brief</h2>
  <ul>
   <li>Bitcoin ETFs show a net loss of $68.18 million during the June 22, 2026 session.</li>
   <li>Ark Invest (ARKB) and Fidelity (FBTC) nonetheless attracted a combined inflow of $121.38 million, proving continued buying demand.</li>
   <li>Ethereum funds also recorded a decline of $66.38 million, while Bitwise’s XRP gained $5.31 million.</li>
   <li>The total net assets under management of Bitcoin ETFs reach $80.22 billion, confirming the structural anchoring of these products in institutional portfolios.</li>
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<h2 id="h-bitcoin-etfs-remain-under-pressure-despite-some-positive-signs">Bitcoin ETFs Remain Under Pressure Despite Some Positive Signs</h2>
<p>At first glance, the session on June 22, 2026, in the <strong>US spot Bitcoin ETF market</strong> looks like an ordinarily bearish day. Analysts also reveal <a href="https://www.cointribune.com/en/spot-bitcoin-etf-lose-6-35-billion-dollars-over-a-30-day-period/" rel="noopener noreferrer nofollow">a record withdrawal of $6.35 billion over 30 days</a>. However, SoSoValue’s data highlights a more complex reality: never before has a day in negative territory hidden so many active institutional purchases.</p>
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<p>ARK &amp; 21Shares lead the charge with $64 million in net inflows into their ARKB fund, closely followed by Fidelity’s Bitcoin ETF, which captured $57.38 million. Together, these two issuers have <strong>absorbed over $121 million in spot bitcoin</strong>.</p>
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   Chart showing the evolution of Bitcoin ETF flows (Source: <a href="https://m.sosovalue.com/assets/etf/us-btc-spot" rel="noopener noreferrer nofollow">SoSoValue</a>)
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<p>Additional inflows include:</p>
<ul>
 <li>Grayscale Bitcoin Mini Trust: +$48.14 million</li>
 <li>Morgan Stanley’s MSBT: +$8.11 million</li>
 <li>Franklin Templeton’s EZBC: +$3.72 million</li>
 <li>WisdomTree’s BTCW: +$3.40 million</li>
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<p>In total, the aggregated demand from six ETF issuers exceeded $228 million. This represents one of the <strong>largest coordinated buying days</strong> in several weeks.</p>
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<h2 id="h-the-weight-of-blackrock-and-grayscale-tips-the-bitcoin-etf-market">The Weight of BlackRock and Grayscale Tips the Bitcoin ETF Market</h2>
<p>Certainly, the buyer base remains solid. However, the <strong>Bitcoin ETF</strong> market was overwhelmed by extreme concentration of outflows on two specific investment vehicles.</p>
<p>The main culprit of this <strong>institutional Black Monday</strong> is BlackRock’s IBIT (iShares Bitcoin Trust). The asset management giant suffered massive outflows of $171.96 million in a single session. It had just <a href="https://www.cointribune.com/en/blackrock-launches-bita-its-yield-bitcoin-etf-today/" rel="noopener noreferrer nofollow">launched the first-ever yield-bearing Bitcoin ETF</a>.</p>
<p>Meanwhile, the GBTC (Grayscale Bitcoin Trust) records a disinvestment of $80.96 million. The manager tries to offset these losses through its Mini Trust. However, the historically high management fees of GBTC structurally encourage <strong>early investors</strong> to migrate to more competitive structures or take profits.</p>
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<h2 id="beyond-bitcoin-ethereum-stumbles-while-xrp-surprises">Beyond Bitcoin: Ethereum Stumbles, While XRP Surprises</h2>
<p>The <strong>spot Ethereum ETFs</strong> had an even tougher day. The <a href="https://m.sosovalue.com/assets/etf/us-eth-spot" rel="noopener noreferrer nofollow">data</a> reveal a net loss of $66.38 million, almost entirely attributable to BlackRock’s ETHA fund. The only positive inflow on Ethereum that day came from 21Shares’ TETH, with $346,070 of inflows. The total net assets of Ethereum ETFs stand at $9.44 billion, with a daily volume of $433.10 million.</p>
<p>For <strong>crypto assets alternative to bitcoin</strong>, the <a href="https://www.cointribune.com/en/bitcoin-and-ethereum-etf-outflows-contrast-with-strong-xrp-demand/" rel="noopener noreferrer nofollow">XRP ETFs</a> are the only source of color in an overall red picture. Bitwise captured $5.31 million, bringing the total net assets of the XRP category to $993.29 million. This represents a symbolic drop of $7 million from the billion-dollar mark. A threshold to watch in the coming sessions!</p>
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<p>The <strong>Solana and HYPE ETFs</strong> remained completely inactive on this day. Solana’s assets stand at $836.09 million, and HYPE’s at $219.58 million.</p>
<p>In any case, this trading session highlights the end of the homogeneity of institutional flows on cryptocurrencies. Upcoming flow reports and <a href="https://www.cointribune.com/en/will-the-bitcoin-cycle-survive-american-monetary-policy/" rel="noopener noreferrer nofollow">US monetary policy decisions</a> will be crucial to determine whether this phase of weakness marks a simple pause or the beginning of a new cycle for Bitcoin ETFs. Stay tuned…</p>

Bitcoin: ETFs in the Red Despite Record Purchases by ARK and Fidelity

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