📊 Spot #
Bitcoin# ETFs in the US recorded $4.5B in net outflows in June, marking their largest monthly withdrawal since the products launched in January 2024.
According to
@SoSoValue, the ETFs posted another day of net outflows on June 30, totaling $222.6M, extending the current losing streak to nine consecutive trading days.
@BlackRock's IBIT, the largest spot Bitcoin ETF by net assets, accounted for the biggest share of the outflows, recording $3.55B in withdrawals during the month. June's combined net outflow of $4.5B surpassed the previous monthly record of $3.48B, set in February 2025, by 29%.
According to analysts, the outflows appear to be driven primarily by a broader macroeconomic rotation rather than any deterioration in Bitcoin's long-term fundamentals. Elevated interest rates, geopolitical uncertainty, and a more cautious macro environment have encouraged institutional investors to reduce exposure to higher-volatility assets.
Analysts also point to a lack of fresh capital following last year's substantial allocations to $BTC and spot ETFs, alongside a rotation of capital into the
@SpaceX IPO.