Two years ago, the arrival of spot Bitcoin ETFs on US exchanges was supposed to herald a new era of steady institutional demand. June 2026 is telling a very different story.
US-listed spot Bitcoin ETFs have recorded approximately $4.06 billion in net outflows this month, according to data from SoSoValue. That makes June the worst month for withdrawals since the funds first began trading in January 2024, eclipsing the previous record of $3.56 billion set in February 2025.
The numbers behind the exodus
From May 15 through June 3, Bitcoin ETFs posted 13 consecutive days of net outflows, the longest such streak on record. During that stretch alone, investors pulled roughly $4.4 billion from the funds.
The weekly pace has been punishing. For the week ending June 6, net outflows hit $1.72 billion, the largest single-week figure since February 2025. Over the preceding four weeks, cumulative withdrawals reached $5.4 billion. Stretch that to six weeks and the total climbs to $5.94 billion.
