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Bitcoin ETFs Extend Outflows To Seventh Straight Week

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Bitcoin ETFs Extend Outflows To Seventh Straight Week
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U.S. spot Bitcoin ETFs recorded $1.79B in net outflows during the week ending June 26, extending their losing streak to seven consecutive weeks.

The latest withdrawals represent the second-largest weekly redemption since spot Bitcoin ETFs launched in January 2024, highlighting continued caution among institutional investors.

BlackRock’s iShares Bitcoin Trust accounted for nearly three-quarters of the week’s total outflows, making it the biggest contributor to the decline.

The sustained selling comes as Bitcoin continues trading near the $60,000 level following weeks of broader weakness across the crypto market. Analysts say the prolonged outflow streak suggests investors remain cautious despite the growing maturity of the ETF market.

While short-term sentiment has weakened, spot Bitcoin ETFs continue to play a significant role in institutional participation, making fund flows one of the market’s most closely watched indicators.

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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