Bitcoin and Ether ETFs End 13- and 17-Day Outflow Streaks as BTC Holds at $62,300 on June 4

According to SoSoValue, spot Bitcoin ETFs recorded $3.05 million in net inflows on June 4, marking their first positive day after 13 consecutive sessions of outflows. Spot Ether ETFs pulled in $19.3 million to end a 17-day outflow streak. Bitcoin traded near $62,300 and Ether at $1,660.

The inflow reversal masked a broader rotation in crypto-native risk appetite. Analytics firm Block Scholes found that Bitcoin and Ether perpetual futures volumes on Hyperliquid fell to multi-quarter lows, while equity-index and pre-IPO perpetual contracts surged. The three highest-volume non-crypto perpetual contracts—a Nasdaq-100 equivalent, S&P 500 equivalent, and WTI crude oil tracker—generated $1.3 billion per day in combined volume, equivalent to 112% of Hyperliquid's Ether perp volume, according to Block Scholes research analyst Thahbib Rahman.