In June, investors withdrew $4 billion from U.S.-listed spot bitcoin ETFs, marking the largest monthly outflow ever recorded.
By Omkar Godbole Jun 29, 2026, 4:05 a.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Bitcoin ETFs face unprecedented outflows. (TheDigitalArtist/Pixabay)SummaryShow- U.S. spot bitcoin ETFs experienced approximately $4.06 billion in net outflows this month, the highest monthly redemption since their inception.
- Last week alone, the funds faced around $1.79 billion in redemptions, counter to earlier predictions of increased demand following SpaceX’s IPO.
According to SoSoValue data, U.S. spot bitcoin ETFs have seen net outflows totaling $4.06 billion this month, surpassing the previous record of $3.56 billion set in February 2025.
In the last week, redemptions reached nearly $1.79 billion, marking the second-largest weekly outflow since trading began in January 2024. (These numbers may vary slightly due to transactions in the final two trading days of the month.)
This trend contradicts earlier expectations for a resurgence in demand after SpaceX's IPO on June 12.
Spot ETFs are a key indicator for institutional investors looking for regulated access to bitcoin without the need to directly hold the asset.
The outflows in June follow $2.43 billion in net redemptions from May, resulting in a combined total of nearly $6.5 billion over the two months. This amount is comparable to the current market valuation of zcash (ZEC), which ranks among the top 15 cryptocurrencies by market cap.
Year-to-date, net outflows are approaching $5 billion in the first half of 2026.
This decline in institutional interest has also impacted bitcoin's price, which has dropped about 30% in the first half of the year, underperforming nearly all major asset classes except for Strategy (MSTR). Shares of the publicly traded firm holding bitcoin have plummeted by 45%.
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