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Spot Bitcoin ETFs Record Worst Month With $4.5 Billion in Outflows

Published by
Nidhi Kolhapur

U.S. spot Bitcoin ETFs recorded a record $4.5 billion in net outflows in June, marking their worst month since launching in January 2024. The funds also extended their losing streak to nine consecutive trading days after another $222.6 million in net withdrawals on June 30. BlackRock’s IBIT accounted for $3.55 billion of June’s outflows. Investors cited macroeconomic uncertainty, higher interest rates, and capital shifting to other investment opportunities as key drivers. Markets will watch whether ETF flows stabilize in the coming weeks.

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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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