Cryptocurrency Markets June 12 Spot ETP Flows: Mixed, Lower Absolute Level of Flows on Friday ($81mn); Week Overall Sheds $368mn, Moderation from Prior Week

Research evidence excerpt

Cryptocurrency Markets June 12 Spot ETP Flows: Mixed, Lower Absolute Level of Flows on Friday ($81mn); Week Overall Sheds $368mn, Moderation from Prior Week

J P M O R G A N North America Equity Research

15 June 2026

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Cryptocurrency Markets

June 12 Spot ETP Flows: Mixed, Lower Absolute Level

of Flows on Friday ($81mn); Week Overall Sheds

$368mn, Moderation from Prior Week

We estimate U.S. spot Bitcoin ETP and U.S. spot ether ETP preliminary net sales Brokers, Asset Managers &

of $86mn and net redemptions of $5mn, respectively, on Friday, June 12, 2026. The Exchanges

U.S. spot Solana ETPs reported no net new flows on Friday. Kenneth B. Worthington, CFA AC

(1-212) 622-6613

U.S. Spot Bitcoin ETP Flows kenneth.b.worthington@jpmorgan.com

Madeline Daleiden

We estimate U.S. spot Bitcoin ETP preliminary net sales of $86mn on Friday, June (1-212) 622-4911

12, 2026, the first day of positive net sales in six trading sessions. BlackRock’s madeline.daleiden@jpmchase.com

IBIT reported net sales of $58mn while Fidelity’s FBTC posted net sales of $18mn. Michael Cho

Other single-digit net sales contributors are included in Table 1, below. The group’s (1-212) 622-3619

aggregated AUM ended the session relatively flat at $79,637mn as Bitcoin ended michael.cho@jpmchase.com

Friday flat, up 0.1% per Bloomberg pricing. Total notional trading volumes fell J.P. Morgan Securities LLC

sequentially to $1,805mn, again below the running daily average of ~$3,315mn/

day since the January 2024 launch.