$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record

Markets $4 billion gone. Spot bitcoin ETFs are on track for their worst month on record Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record. By Omkar Godbole Jun 29, 2026, 4:05 a.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Bitcoin ETFs see record outflows. (TheDigitalArtist/Pixabay) Summary Show U.S. spot bitcoin ETFs have logged about $4.06 billion in net outflows so far this month, the largest monthly redemption since the products launched. The funds saw roughly $1.79 billion in redemptions last week alone, undercutting earlier expectations of renewed demand following SpaceX’s June IPO. U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue. It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025. Last week, the funds saw redemptions of about $1.79 billion, the second-highest weekly outflow since trading began in January 2024. (These figures could shift slightly based on flows over the final two trading days of the month.) This trend runs counter to expectations early in the month of renewed demand following SpaceX's IPO on June 12. Spot ETFs serve as a widely followed barometer for institutional investors seeking regulated exposure to bitcoin without directly holding the cryptocurrency. June’s outflows followed $2.43 billion in net redemptions in May, bringing the two-month total close to $6.5 billion. That figure is comparable to the current market capitalization of zcash (ZEC), currently ranked among the world’s 15 largest cryptocurrencies by market cap. On a year-to-date basis, net outflows tally roughly $5 billion in the first half of 2026. The impact of this collapse in institutional demand is evident in bitcoin’s price performance, which has declined around 30% in the first half, underperforming nearly every major asset class except Strategy (MSTR). Shares in the bitcoin-holding publicly listed firm have tanked by 45%. Bitcoin News ETFs Latest Crypto News 1 CZ wants to make the U.S. the 'capital of crypto': State of Crypto 8 hours ago 2 Samson Mow says bitcoin bottom is in despite skepticism from analysts 12 hours ago 3 Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall 13 hours ago 4 SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners 13 hours ago 5 Crypto's next frontier isn't crypto, it's financing AI and robotics, Framework's Anderson says 15 hours ago 6 Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss 20 hours ago 7 Why a selloff in gold and silver is dragging bitcoin down Jun 27, 2026 8 What Robinhood’s recent layoffs say about the current state of crypto investments Jun 27, 2026 9 Tether putting $23 billion gold stockpile to work with bullion-backed loans Jun 27, 2026 10 Polymarket hack updated to $3.1 million days after the platform promised users full refunds Jun 27, 2026 Latest Research Equities on Crypto Rails: A Platform Comparison Equities on Crypto Rails: A Platform Comparison US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. By CoinDesk Research Jun 26, 2026 US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. Why it matters : US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. View Full Report More From Markets Samson Mow says bitcoin bottom is in despite skepticism from analysts Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss