Key facts
- U.S. spot bitcoin ETFs have seen approximately $4.06 billion in net outflows this month.
- This represents the largest monthly redemption since the products launched.
- Last week alone, the funds experienced redemptions totaling about $1.79 billion.
- The outflows in June follow $2.43 billion in net redemptions in May.
- Bitcoin's price has fallen by approximately 30% in the first half of the year.
U.S. spot bitcoin exchange-traded funds (ETFs) have experienced record net outflows totaling approximately $4.06 billion this month, marking the largest monthly redemption since their launch. This significant outflow trend follows $2.43 billion in redemptions in May, bringing the two-month total to nearly $6.5 billion.