Bitcoin is not having a great month. The leading crypto slipped from $60K to $59K on Monday morning, down 7.9% over the past seven days, as sellers continue to apply steady downward pressure with no obvious relief in sight.
The move lower is not just a price story. It is an ETF story, and that is what makes this moment worth paying attention to.
The ETF outflow problem is getting worse
June’s spot Bitcoin ETF outflows have already eclipsed February 2025’s record of $3.6B, and the month still has time left on the clock.
Think of it like a bathtub with the drain open. New buyers would need to pour in water faster than it is draining to stabilize the price. Right now, the drain is winning.
