US spot Bitcoin ETFs recorded $4.5 billion in outflows during June, their largest monthly withdrawal total on record. The losses pushed year-to-date outflows to $5.5 billion.
US spot Bitcoin ETFs recorded $4.5 billion in outflows during June, their largest monthly withdrawal total on record. The losses pushed year-to-date outflows to $5.5 billion.
The figures indicate an unprecedented pace of withdrawals from the US spot Bitcoin ETF market. They also show that most of the year-to-date outflow total accumulated in a single month.
US spot Bitcoin exchange-traded funds logged a record $4.5 billion in outflows during June. The monthly withdrawals lifted their total outflows for the year to $5.5 billion.
The figures indicate an unprecedented pace of withdrawals from the US spot Bitcoin ETF market. They also show that most of the year-to-date outflow total accumulated in a single month.
June’s $4.5 billion in ETF outflows exceeded the $1.25 billion raised by Strategy, underscoring the scale of the withdrawals relative to a major corporate Bitcoin-related financing effort.
The record adds a significant new data point for readers tracking demand through regulated Bitcoin investment products. However, the outflow figures alone do not establish what caused investors to withdraw funds.
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