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Bitcoin ETFs Shed $2.1B in June, Down $33B From May Peak

GateNews
Capital FlowStocksOn-Chain Data
BTC0.91%
According to SoSoValue, U.S. spot Bitcoin ETFs have shed $2.1 billion in June so far, pacing May's $2.4 billion outflows. Net assets declined by roughly $33 billion from $109 billion to $77 billion since May 10, in line with Bitcoin's 27% drop from its May 10 peak of $81,443 to lows of $59,353. Analysts debate the outlook: Adam Haeems, head of asset management at Tesseract Group, told Decrypt the outflow pace has "moderated materially" and is "exhausting rather than building," driven by leveraged fund redemptions, capital rotation toward AI equities, and uncertainty from the U.S.-Israel war with Iran. Robin Singh, CEO of Koinly, believes Bitcoin must reclaim the $70,000 range to attract spot demand and dry up ETF outflows.
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