US spot Bitcoin ETFs pulled in another $519 million of net redemptions on June 2, extending the longest outflow run since the funds launched and tipping a leveraged market into $1.86 billion of forced selling.

US spot Bitcoin ETFs saw $1.42B in outflows last week, the third largest ever. BlackRock's IBIT led with $966M as institutions de-risk amid macro headwinds.

U.S. spot Bitcoin ETFs extended their outflow streak to 10 days, as crypto markets contend with multiple simultaneous headwinds.