According to on-chain data shared by Lookonchain on X on June 5, Bitcoin spot ETFs recorded a net outflow of 196 BTC on the day, worth approximately $11.89 million. Over the past 7 days, the cumulative net outflow from Bitcoin ETFs reached 23,135 BTC, totaling $1.41 billion, indicating sustained capital withdrawal from these products.
In contrast, Ethereum spot ETFs attracted a net inflow of 10,082 ETH on the same day, valued at around $16.04 million. However, the 7-day figure for Ethereum ETFs still paints a net outflow of 117,037 ETH, worth approximately $186.21 million. This divergence between a single-day inflow and a weekly outflow highlights short-term volatility against a broader trend of capital exiting Ethereum-based funds.
Spot ETFs serve as the primary bridge between traditional capital and the crypto market, and their fund flows are often read as signals of institutional and whale activity. The massive weekly outflow from Bitcoin ETFs, paired with a partial inflow into Ethereum ETFs, offers a window into how large-scale players are adjusting their crypto exposure.