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Guavy AI Editorial Team••Sentiment: -4•Clout: 85

Cryptocurrency ETFs hemorrhage $777.5M as Bitcoin outflows intensify

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Crypto ETFs experienced significant outflows on June 25, with U.S. spot funds losing $777.5 million in combined net redemptions.

The majority of this loss came from Bitcoin products, which saw $691.7 million in net outflows. BlackRock's IBIT led the decline with $265.7 million in outflows, while Fidelity's FBTC lost $274.5 million, the largest single-fund redemption of the day.

Ark 21Shares' ARKB shed $82.1 million, and Invesco's BTCO lost $53.0 million. VanEck's HODL saw $11.7 million in withdrawals, Bitwise's BITB lost $7.1 million, and Franklin Templeton's EZBC posted $6.8 million in outflows.

MSBT was the only Bitcoin fund to attract capital, adding $9.2 million. Ether ETFs also weakened, losing $81.9 million on June 25, with BlackRock's ETHA accounting for most of the pressure with $63.0 million in redemptions.