BitcoinMonthly Overview
In June 2024, net flows into spot crypto ETFs were positive, totaling +$666.5M. Only Bitcoin (BTC) recorded inflows this month, highlighting a concentrated interest in this asset.
Weekly Breakdown
| Week | Net flow |
|---|---|
| Jun 3 – Jun 7 | +$1.8B |
| Jun 10 – Jun 14 | -$580.6M |
| Jun 17 – Jun 21 | -$544.1M |
| Jun 24 – Jun 28 | -$37.3M |
Biggest Fund Moves
Largest inflows
- BlackRock (BTC): +$1.1B
- Fidelity (BTC): +$276.0M
- Bitwise (BTC): +$55.7M
- WisdomTree (BTC): +$1.1M
Largest outflows
Market Interpretation
Institutional positioning showed significant inflows with BlackRock leading at +$1.1B, while Grayscale experienced the largest outflows at -$613.0M. The strongest day was June 4, with a net flow of +$886.6M, indicating robust demand, while the worst day saw a decline of -$226.2M on June 13, suggesting some volatility in investor sentiment.
Conclusion
Overall, the month concluded with a net figure of +$666.5M. This indicates ongoing confidence in Bitcoin despite the fluctuations seen throughout June.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.