Bitcoin ETFs Lose $696 Million as Blackrock and Fidelity Lead Broad Crypto Selloff
Crypto ETF flows deteriorated sharply on Thursday, June 25, as bitcoin ETFs posted a sixth straight day of outflows, with redemptions reaching $696 million. Ether funds also saw heavy exits, while HYPE and solana ETFs joined the selloff. Key TakeawaysBitcoin ETFs lost $696.29M on June 25, with Fidelity and Blackrock leading outflows.Ether, HYPE, and solana ETFs also turned negative, signaling broader risk-off sentiment.Morgan Stanleys MSBT added $9.17M, but ETF demand remains weak across crypto markets. HYPE ETFs Turn Negative After Weeks of Inflows as Crypto Selloff Widens The pressure that had been building all week finally broke into a wider rout. Bitcoin ETFs suffered their largest daily outflow of the week, pushing total weekly redemptions to about $1.35 billion. What began as a steady withdrawal from major funds has now become a broader retreat, with selling spread across nearly the entire bitcoin ETF complex. Bitcoin ETFs Face Broad-Based Selling Bitcoin ETFs recorded $696.29 million in net outflows, marking the categorys sixth consecutive day in negative territory. The exits were spread across eight funds. Fidelity‘s FBTC led the losses with a $274.48 million outflow, narrowly ahead of Blackrock’s IBIT, which lost $265.68 million. Ark & 21Shares‘ ARKB saw $82.11 million leave, while Invesco’s BTCO posted a $53.03 million