Cryptocurrency Markets: June 16 Spot ETP Flows: Marginal Net Sales (Combined $20mn) Supported by BlackRock’s Products; WTD Flows Tracking Towards Net Redemptions of $20mn

Research evidence excerpt

Cryptocurrency Markets: June 16 Spot ETP Flows: Marginal Net Sales (Combined $20mn) Supported by BlackRock’s Products; WTD Flows Tracking Towards Net Redemptions of $20mn

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

17 June 2026

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Cryptocurrency Markets

June 16 Spot ETP Flows: Marginal Net Sales

(Combined $20mn) Supported by BlackRock’s

Products; WTD Flows Tracking Towards Net

Redemptions of $20mn

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

of $10mn each on Tuesday June 16, 2026. The U.S. spot Solana ETPs reported no Exchanges

net new flows yesterday. 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 $10mn on Tuesday (1-212) 622-4911

June 16, 2026, another flip flip of daily net flows. Yesterday’s positive flows were madeline.daleiden@jpmchase.com

supported by BlackRock’s IBIT which posted net sales of $16mn. Other positive Michael Cho

inflowers include Grayscale’s mini BTC and Fidelity’s FBTC which each recorded (1-212) 622-3619

$4mn in net sales. Rounding out the group, Morgan Stanley’s MSBT posted net michael.cho@jpmchase.com

inflows of $2mn. Offsetting these net outflows were $17mn of net redemptions out J.P. Morgan Securities LLC

of Grayscale’s legacy GBTC. After a strong price move on Monday (+4.8%),

Bitcoin’s price moderated yesterday, down 1.1% per Bloomberg pricing.