{"id":73501,"date":"2026-06-03T16:54:48","date_gmt":"2026-06-03T16:54:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-etfs-lose-519m-as-grayscales-gsol-pulls-in-fresh-solana-demand\/"},"modified":"2026-06-03T16:54:48","modified_gmt":"2026-06-03T16:54:48","slug":"bitcoin-etfs-lose-519m-as-grayscales-gsol-pulls-in-fresh-solana-demand","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-etfs-lose-519m-as-grayscales-gsol-pulls-in-fresh-solana-demand\/","title":{"rendered":"Bitcoin ETFs Lose $519M as Grayscale\u2019s GSOL Pulls in Fresh Solana Demand"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin ETFs lost $519.2M on June 2, led by Blackrock IBIT outflows of $388.6M.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ether ETFs saw a 16th straight outflow day, with Blackrock ETHA losing $44.3M.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Solana and HYPE ETFs gained $9.7M combined, signaling selective investor demand.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Blackrock\u2019s IBIT and ETHA Lead $609M in ETF Outflows Across <span>Bitcoin<\/span> and Ether<\/h2>\n<p>The <span>crypto<\/span> ETF market is still bleeding at the top.<\/p>\n<p> <span>Bitcoin<\/span> funds took another hard hit on Tuesday, with investors pulling $519.19 million from the category. It was the 12th consecutive day of outflows, adding to a run that has sharply reduced assets across the largest spot <span>bitcoin<\/span> products.<\/p>\n<p>Blackrock\u2019s IBIT again led the retreat, recording a $388.64 million outflow. Grayscale\u2019s GBTC followed with $83.51 million in withdrawals, while Fidelity\u2019s FBTC lost $45.14 million. Ark &amp; 21Shares\u2019 ARKB rounded out the redemptions with a $16.67 million exit.<\/p>\n<p>There was one pocket of demand. Morgan Stanley\u2019s MSBT drew $14.77 million in inflows, but the gain was too small to alter the day\u2019s direction. The value traded of <span>bitcoin ETFs<\/span> reached $3.93 billion, while total net assets dropped sharply to $85 billion.<\/p>\n<figure id=\"attachment_819782\" aria-describedby=\"caption-attachment-819782\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/bitcoin-etfs-lose-519m-as-grayscales-gsol-pulls-in-fresh-solana-demand_nwmk-scaled.png?X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&amp;X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIARQKIT2TMGZBKV2L6%2F20260603%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260603T140836Z&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Expires=600&amp;X-Amz-Signature=f748b4407f8124201a4d3cf4edbf076269fd92736a66780f0a67d6c443907eaf\"><\/a><figcaption id=\"caption-attachment-819782\" class=\"wp-caption-text\">Blackrock\u2019s IBIT has accounted for the majority of the recent <span>bitcoin ETF<\/span> outflows, with a $1.6 billion exit from the fund over the past five days. Source: Sosovalue<\/figcaption><\/figure>\n<p>Ether ETFs also remained under pressure, extending their outflow streak to 16 trading days. The category posted $90.15 million in net redemptions.<\/p>\n<p>Blackrock\u2019s ETHA led the exits with $44.27 million in outflows. Grayscale\u2019s Ether Mini Trust saw $25.41 million leave, while Fidelity\u2019s FETH shed $15.63 million. Grayscale\u2019s ETHE recorded a $3.87 million outflow, and Blackrock\u2019s ETHB lost $980,260. Total Ether ETF value traded stood at $912.81 million, with net assets closing at $10.53 billion.<\/p>\n<p>The <span>altcoin<\/span> market told a different story.<\/p>\n<p> <span>Solana<\/span> ETFs brought in $6.50 million, with the full inflow going to Grayscale\u2019s GSOL. Total value traded reached $73.49 million, while net assets closed at $875.78 million. It was a modest gain, but in a market dominated by large <span>bitcoin<\/span> and ether exits, it stood out.<\/p>\n<p>HYPE ETFs also stayed in positive territory, adding $3.15 million. The inflow was entirely domiciled in Bitwise\u2019s BHYP. Total value traded was $53.41 million, and net assets closed at $180.01 million.<\/p>\n<p> <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> ETFs saw no trading activity for the day. Net assets closed at $931.56 million.<\/p>\n<p>Tuesday\u2019s flows left little doubt about the near-term mood. <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> and ether ETFs lost a combined $609.34 million, keeping the market tilted toward caution. Still, continued allocations to <a href=\"https:\/\/markets.bitcoin.com\/crypto\/solana?utm_source=bitcoin_news\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">solana<\/a> and HYPE suggest investors are not leaving <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> ETFs altogether. They are narrowing their exposure and choosing their entry points with more care for now.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-etfs-lose-519m-as-grayscales-gsol-pulls-in-fresh-solana-demand\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin ETFs lost $519.2M on June 2, led by Blackrock IBIT outflows of $388.6M. Ether ETFs saw a 16th straight outflow day, with Blackrock ETHA losing $44.3M. Solana and HYPE ETFs gained $9.7M combined, signaling selective investor demand. Blackrock\u2019s IBIT and ETHA Lead $609M in ETF [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":73502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73501"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73501"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73502"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}