Bitcoin ETFs Suffer Worst Month Ever

CryptoProwl

Mon, June 29, 2026 astatine 8:52 AM CDT 1 min read

Exchange-traded funds (ETFs) that way the spot terms of Bitcoin (CRYPTO: $BTC) are connected way for their worst period connected grounds successful June. 

As of June 29, Bitcoin ETFs had recorded $4.06 cardinal U.S. successful nett outflows, the largest monthly redemptions connected record.

The erstwhile grounds redemption was $3.56 cardinal U.S. seen successful February 2025.

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Last week, astir a twelve Bitcoin ETFs listed connected U.S. exchanges saw redemptions of $1.79 cardinal U.S., the second-highest play outflow since trading began successful January 2024. 

The continued outflows from Bitcoin ETFs tally antagonistic to expectations for a rebound pursuing the archetypal nationalist offering (IPO) of SpaceX (NASDAQ: $SPCX) connected June 12.

Spot ETFs service arsenic a barometer for investors' crypto demand. Many investors, peculiarly institutions, similar that the ETFs supply Bitcoin vulnerability without having to ain the asset. 

June's outflows followed $2.43 cardinal U.S. successful redemptions this May, bringing the two-month full adjacent to $6.50 cardinal U.S. 

Analysts accidental the concern reflects a illness successful request among organization investors. Bitcoin is presently trading astatine $59,350 U.S., adjacent a two-year low.