Crypto News by GeorgeG: post #58 — TG.ME

Bitcoin ETF outflows finally stop — but the problem isn’t fixed.

US spot BTC ETFs recorded a small $3M net inflow on June 4–5, ending a 13-day redemption streak. That’s technically bullish, but BlackRock’s IBIT led the selling wave — dumping roughly $214M in a single session and accounting for most of the $4.3B pulled from ETFs in the stretch.

Market take: the ETF channel remains the main driver of near-term BTC moves — and concentration in one fund makes price action fragile. Watch IBIT flows for the next big push. 🔎📉
June 9, 2026 151