Bitcoin ETFs lose $483M in one day
- AI_ChainScanner said on June 2 that U.S. spot Bitcoin ETFs recorded $483.8 million of net outflows on June 1, while spot Ether ETFs lost $44.5 million. - Farside Investors' daily tables show BlackRock's IBIT accounted for $440.3 million of the Bitcoin withdrawals, and Grayscale's ETH product lost $44.5 million. - June 2 fund-flow tables from Farside and stablecoin dashboards such as DefiLlama provide the next checkpoints for updated totals.
AI_ChainScanner said in an X post on June 2 that U.S. spot Bitcoin ETFs saw $483 million in net outflows in a single day, while spot Ether ETFs lost $44 million. The post also paired those figures with a stablecoin market-cap reading near $320 billion. The account did not cite issuer statements in the post, but the ETF flow numbers match daily fund-flow tables published by Farside Investors for June 1. The Bitcoin figure corresponds to June 1, 2026 trading-day flows rather than a fresh June 2 settlement update. Farside's Bitcoin table shows total net outflows of $483.8 million on June 1, with no June 2 fund-level entries posted yet at the time of review. Farside says its tables are generated automatically and updated in real time. ### Where did the $483 million Bitcoin ETF figure come from? Farside Investors' June 1 table shows $483.8 million in net withdrawals across U.S. spot Bitcoin ETFs. (farside.co.uk) The largest single outflow came from BlackRock's iShares Bitcoin Trust, or IBIT, at $440.3 million, followed by Fidelity's FBTC at $37.3 million and Ark/21Shares' ARKB at $12.3 million. Morgan Stanley's MSBT posted a $6.1 million inflow, partly offsetting the broader withdrawals. The same table shows several products at zero for the day, including Grayscale's GBTC and mini trust BTC, Bitwise's BITB, VanEck's HODL and Franklin's EZBC. That matters because the total reflects net creations and redemptions across the full U.S. spot Bitcoin ETF group, not price moves in Bitcoin itself. ### Did Ether ETFs really lose $44 million that day too? Farside Investors' Ether table shows $44.5 million in net outflows for June 1. (farside.co.uk) The entire negative reading came from Grayscale's ETH product, while the table listed zero flows for BlackRock's ETHA, Fidelity's FETH, Bitwise's ETHW, VanEck's ETHV and other spot Ether funds. The headline number in the X post rounded that figure to $44 million. Farside's table puts the day's total at $35.0 million negative before a $9.5 million outflow in ETHB and a $44.5 million outflow in Grayscale's ETH, for a final total of negative $44.5 million. (farside.co.uk) ### Why was stablecoin market cap mentioned in the same post? DefiLlama's stablecoin dashboard shows the total stablecoin market above $320 billion, which is consistent with the X post's "near $320 billion" reference. (farside.co.uk) Other market trackers cited in recent coverage have also placed total stablecoin capitalization above that threshold in 2026. The post did not explain a causal link between ETF withdrawals and stablecoin supply. (farside.co.uk) Stablecoin market cap is a separate measure that tracks the outstanding value of dollar-pegged and other fiat-linked tokens, while ETF flow data tracks daily creations and redemptions in listed U.S. funds. ### What can readers verify independently right now? Farside Investors publishes daily Bitcoin and Ether ETF flow tables with fund-by-fund breakdowns, and those tables currently support the June 1 outflow figures cited in the post. (defillama.com) DefiLlama publishes a live stablecoin dashboard that can be checked separately for the total market-cap reading. June 2 is the next date to watch for updated ETF entries. Farside's tables showed June 2 placeholders with no completed fund-level data when reviewed, meaning any new one-day flow claim should be checked against the next published update. (farside.co.uk)