What is the status of Bitcoin and Ethereum ETFs on June 13, and how did the war impact crypto markets while changes were seen in ETFs? Let’s take a closer look.
What’s the Situation with Spot ETFs?
The cryptocurrency markets were shaken by escalating tensions in the Middle East. Israel’s operations targeting Iran, particularly the strikes in Tehran, made global headlines. According to reports, the attacks targeted Iran’s military infrastructure and nuclear facilities, prompting Iran to announce a “definite retaliation.” This has ushered in a new period of uncertainty, causing short-term volatility in both traditional markets and the crypto space.
Despite all this uncertainty, institutional interest in crypto continues unabated. The latest inflow-outflow data for spot Bitcoin and Ethereum ETFs reveals just how strong this interest remains.
Risk Appetite Still Alive in Bitcoin ETFs!
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IBIT: +$239 million
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FBTC: +$25.2 million
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BITB: +$14.9 million
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HODL: +$6 million
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GBTC: +$9.1 million
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BTC: +$7.5 million
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Other funds: No movement
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Total Net Inflow: +$301.7 million
These figures show that institutional confidence in Bitcoin remains strong, and that investors are reinforcing their long-term positions despite price fluctuations. The $239 million inflow into the IBIT fund in particular suggests that “risk appetite is still alive” in the market.
Negative Outlook in Ethereum ETFs
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ETH: +$6.7 million
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FETH: -$8.8 million
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Other funds: No movement
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Total Net Inflow: -$2.1 million
On the Ethereum side, a more cautious picture emerges. Although a small net outflow of $2.1 million was recorded, some funds did see inflows. This suggests that while investors are more cautious about ETH in the short term, overall confidence still appears to be intact.
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