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US spot Bitcoin ETFs recorded $1.79 billion net outflows for the week ending June 26, the second‑largest weekly redemption and longest outflow streak since
US spot Bitcoin exchange‑traded funds shed $1.79 billion in net outflows for the week ending June 26, marking the second‑largest weekly redemption on record and extending the longest streak of consecutive outflows since the products launched in January 2024. The pull‑back comes as Bitcoin hovered around $60,000, underscoring fragile price support amid a broader crypto market loss of roughly $150 billion.
| At a glance | |
|---|---|
| Weekly net outflows | $1.79 B |
| Outflow streak | 7 consecutive weeks |
| Largest weekly outflow since | $2.61 B in Feb 2025 |
| Leading fund | BlackRock IBIT ($1.3 B) |
| Bitcoin price range | $58,126 – $60,287 |
The $1.79 billion weekly net outflow ranks as the second‑largest since spot Bitcoin ETFs debuted in January 2024, only eclipsed by a $2.61 billion exodus in late February 2025 [2]. Seven straight weeks of net redemptions set a new record for sustained outflow duration, contrasting with prior episodes that were sharp but brief. Daily redemptions accelerated toward week‑end, with Thursday’s $696.29 million exit followed by $444.51 million on Friday, marking seven consecutive days of net withdrawals across the sector [2][5].
BlackRock’s iShares Bitcoin Trust (IBIT) accounted for roughly three‑quarters of the total outflows, with about $1.3 billion pulled from the fund alone [2][5]. The average IBIT investor now faces unrealized losses near 40%, according to Bespoke Investment Group estimates cited in the reporting [2]. Across all spot Bitcoin ETFs, the outflow pressure reversed the cumulative flow balance into negative territory for 2026 [3].
Bitcoin’s price spent the week confined near the $60,000 level, briefly dipping to $58,126 before rebounding to $60,287 [2]. The cryptocurrency’s market capitalisation stood at $1.21 trillion, with a 24‑hour trading volume of $30.16 billion, and it retained a 58.10 % share of the overall crypto market despite the selling pressure [3]. The broader crypto market shed close to $150 billion in value during the same period, reflecting a wider risk‑off sentiment [2].
Analysts note that spot Bitcoin ETFs have become a primary conduit for institutional demand since approval; sustained outflows therefore signal a reduction in professional appetite, which could amplify price pressure if other demand sources do not materialise [4]. However, ETF flows are lagging indicators and do not alone dictate price direction; on‑chain activity and broader macro factors remain influential [4].
The record outflows highlight a turning point for institutional participation in Bitcoin, raising questions about whether the current risk‑averse stance will persist or reverse as market conditions evolve.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 5 outlets · Jun 28, 2026 · How we report
Bitcoin is trading near $60,000, down over 30% for the year and about 50% from its October peak of $126,000.
U.S. spot Bitcoin ETFs recorded roughly $1.79 billion in weekly net outflows for the week ending June 26, the second‑largest weekly redemption period on record.
MicroStrategy’s share price fell about 82% from its high, its enterprise mNAV dropped below 1.0, and the company sold Bitcoin for the first time.
Bitcoin has shed over $2 trillion in market capitalization since its October peak.
Spot Bitcoin funds have seen more than $4 billion of outflows through June 25, which has contributed to declines in related crypto stocks such as Coinbase, Circle, and Bullish.