Data from Lookonchain shows that on June 4, US spot Bitcoin ETFs registered a net outflow of 7,272 BTC, valued at approximately $465.16 million at current prices. Over the past seven trading days, the cumulative net outflow has reached 27,214 BTC, equivalent to about $1.74 billion. This sustained capital withdrawal from Bitcoin ETF markets suggests that institutional investors may be reducing their exposure in the near term.
Turning to Ethereum spot ETFs, today's net outflow amounted to 45,424 ETH, worth roughly $80.45 million. The seven-day cumulative outflow stands at a substantial 174,427 ETH, with a total value of about $308.91 million. The Ethereum outflows are relatively significant, with the past week's net outflow exceeding $300 million.
Solana spot ETFs also faced pressure, with a net outflow of 71,897 SOL today, around $5.03 million, and a seven-day outflow of 35,674 SOL, approximately $2.5 million. The simultaneous outflows across the three major crypto asset ETFs reflect cautious market sentiment.