Bitcoin ETFs See Worst Weekly Outflow Ever As $1.79B Leaves Funds

U.S. spot Bitcoin ETFs recorded their worst weekly outflow on record after investors pulled about $1.79 billion from the funds between June 22 and June 26.

The latest spot Bitcoin ETF flow data showed net outflows of $68.3 million on June 22, $113.8 million on June 23, $469 million on June 24, $691.7 million on June 25 and $444.5 million on June 26. The five-session total reached roughly $1.79 billion, topping the previous heavy outflow week of about $1.72 billion from June 1 to June 5.

BlackRock’s IBIT carried the largest pressure during the week. The fund posted daily outflows of $172 million, $182 million, $239.3 million, $265.7 million and $444.5 million across the five sessions, making it the main driver of the record weekly withdrawal.

Fidelity’s FBTC, Ark’s ARKB and several smaller funds also saw outflows during parts of the week. Limited inflows into other products were not enough to offset the selling, leaving the full ETF complex with its deepest weekly net loss since U.S. spot Bitcoin ETFs began trading.

IBIT Outflows Weigh On Bitcoin Demand

The record outflow matters because spot Bitcoin ETFs had been one of the strongest institutional demand channels during the previous advance. When those funds absorb supply, they can support price during weak spot sessions. When they see persistent redemptions, the same structure can add pressure while BTC is already struggling.

Bitcoin traded near $60,000 as the ETF outflows accelerated. The weakness came after BTC had already slipped below that level during a broader market pullback tied to large-holder selling, thinner U.S. demand and fading momentum across crypto risk assets.

The latest ETF bleed also followed a longer stretch of soft U.S. spot demand. Bitcoin’s Coinbase premium stayed negative for 46 straight days, showing that U.S.-linked buying remained weak even before the latest ETF outflow record.

BTC also remained close to long-term support areas watched by traders after the recent 200-week SMA setup moved back into focus. The ETF outflow record now adds another layer of selling pressure while Bitcoin trades near those deeper cycle levels.

Bitcoin Faces ETF And Whale Selling Pressure

The ETF outflow record did not happen in isolation. Bitcoin recently fell below $60,000 again after large wallets sold 45,074 BTC over an eight-day window, adding direct supply pressure while ETF demand weakened.

Large-wallet selling and ETF redemptions hit different parts of the market, but both reduce the amount of buy-side support available during a drawdown. Whale distribution sends coins back into the market, while ETF outflows show regulated fund investors cutting exposure or moving capital elsewhere.

Bottom signals remain incomplete. Recent realized-loss data left Bitcoin’s capitulation case unresolved because losses had not reached the levels that marked earlier cycle washouts.