US spot Bitcoin ETFs attracted $85.9 million in net inflows on June 12, marking a potential turning point after a record 13-day outflow streak that drained over $4.4 billion from the sector. This positive movement suggests institutional investors are cautiously re-entering the market following a prolonged exit.
XRP spot ETFs also posted gains, adding $2.04 million to their totals. Since their launch in late 2025, coinciding with the resolution of the Ripple and SEC legal battle, these funds have accumulated $978.86 million in net assets and $1.44 billion in cumulative inflows. The steady accumulation indicates deliberate, long-term allocation rather than speculative momentum trading.
In stark contrast, Ethereum spot ETFs continued to bleed capital. Following a $15.89 million outflow on June 11, June 12 data points to further redemptions. This persistent trend risks becoming self-reinforcing; as fund sizes shrink, liquidity deteriorates and spreads widen, making the product less attractive to prospective buyers.
BlackRock’s crypto products remain a critical bellwether for these flow patterns, shaping investor sentiment across all major digital asset categories. While Bitcoin’s single day of inflows is reassuring, it does not yet erase the magnitude of recent exits. Meanwhile, XRP’s upward trajectory remains robust despite the token trading well below its historical peaks.