U.S. spot Bitcoin exchange-traded funds (ETFs) saw a significant outflow of $1.72 billion between June 1 and June 5, marking the highest weekly withdrawal in over a year. The data, reported by The Block and sourced from SoSoValue, indicates that BlackRock's IBIT experienced the largest single outflow, amounting to around $1.34 billion. Concurrently, Bitcoin's value dropped to $61,195 before making a recovery above $63,000.
CryptoBitcoin
U.S. Spot Bitcoin ETFs Experience $1.72 Billion Outflow in a Week
U.S. spot Bitcoin ETFs experienced a $1.72 billion outflow, the largest in over a year, with BlackRock's IBIT leading the withdrawals.
Mercation Admin
June 8, 2026 1 min read
