Bitcoin ETFs Suffer Record $4 Billion Outflows in June

Spot Bitcoin ETFs saw their largest monthly redemption since launching in January 2024, with $4.06 billion in net outflows in June, surpassing February's record of $3.56 billion by over $500 million.

This brings the two-month total to approximately $6.5 billion, which is comparable to the entire market capitalization of Zcash, currently among the world's 15 largest cryptocurrencies.

The institutional demand collapse is evident in Bitcoin's price, which has fallen around 30% in the first half of 2026, underperforming nearly every major asset class except Strategy, whose shares have fallen 45%.