U S spot Bitcoin ETFs reversed course on June 12, pulling in $85.8 million in net inflows after a 5-day outflow streak. BlackRock’s iShares Bitcoin Trust led the day with $57.7 million, and none of the 12 spot Bitcoin funds recorded net outflows for the session. That was a much stronger showing than the narrow $3.05 million inflow seen earlier in June after a 13-session redemption streak that sent more than $4.4 billion out of the category since mid-May.
But the move wasn’t matched across the board. U S spot Ethereum ETFs, including BlackRock’s own Ether product, finished the same day with about $4.95 million in net outflows. That weaker pattern has continued even as Bitcoin funds stabilized, pointing to selective institutional demand rather than a uniform move back into crypto ETF products. BlackRock sits at the center of that split: its Bitcoin ETF led the inflows, while its Ether fund was part of the broader outflow trend.
Investors added Bitcoin exposure through regulated fund wrappers on June 12, but did not show the same appetite for Ether.