Key Notes
Bitcoin ETFs lost $1.21 billion between May 29 and June 2.
June 3 reversed the trend, with $378 million in inflows led by ARKB.
Data suggests that profit-taking has recently intensified, with realized gains topping $500 million per hour.
Bitcoin exchange-traded funds (ETFs) experienced a sharp reversal in investor sentiment between May 29 and June 2, recording a combined net outflow of $1.21 billion. This marks the first time since mid-March that these funds have lost over $1 billion in a few trading sessions.
According to data by SoSoValue , Bitcoin ETFs saw outflows of $358.65 million on May 29, followed by $616.22 million on May 30, and $267.5 million on June 2.
💸 Bitcoin's ETF's have seen significant money outflowing for three straight days now. There has been a tota