US spot Bitcoin ETFs just posted their worst stretch since inception. Thirteen consecutive trading days of net outflows through early June 2026 drained roughly $4.4 billion from the funds, marking the longest sustained redemption streak since these products debuted in January 2024.

The numbers tell a clear story

The bleeding accelerated as the streak wore on. The week ending June 6 saw $1.72 billion in net outflows alone, the largest single-week withdrawal since February 2025. Zoom out a bit further and the picture gets grimmer: approximately $5.4 billion flowed out over a four-week span, according to data tracked by SoSoValue.

That cumulative damage was enough to flip 2026 year-to-date flows negative for the first time since these ETFs began trading.

There was a brief flicker of hope on June 4-5, when a modest net inflow of about $3 million trickled back in. Outflows resumed almost immediately afterward.