The end of the week brought even more outflows from Bitcoin exchange-traded funds (ETFs), the total volume of which exceeded $544 million. 💸 According to Farside Investors, on June 21, the net outflow amounted to $105.9 million. The bulk of the outflow came from three large funds: Fidelity Wise Origin Bitcoin Fund ($44.8 million), Grayscale Bitcoin Trust ($34.2 million) and ARK 21Shares Bitcoin ETF ($28.8 million). Despite the bearish sentiment in the market, not all ETFs have followed this trend. The Franklin Bitcoin ETF bucked the trend with $1.9 million inflows on the same day. BlackRock's iShares Bitcoin Trust remained neutral with no significant changes. The outflow is notable given that Bitcoin exchange-traded funds had net outflows of $580.6 million last week, following four straight weeks of net inflows that collectively added about $4 billion to these investment products.