US Spot Bitcoin ETF Sees Record $1.72B Outflow Amid Rising Oil Prices and Strong NFP Print

The latest data from the US spot Bitcoin ETF has revealed a significant $1.72 billion outflow for the week ending June 6, 2026, marking the largest single-week redemption since April 2025. This decline coincided with several macroeconomic events, including rising oil prices, a stronger-than-expected nonfarm payrolls print, and an institutional rotation into AI equities.

The outflow has led to a compression of crypto allocations in multi-asset portfolios, with analysts questioning whether this marks the end of forced selling or a deeper reassessment of Bitcoin's role in institutional portfolios. According to Bitrue Research analyst Andri Fauzan Adziima, the selling was directly attributed to rising inflation expectations, elevated Treasury yields, and diminishing probability of near-term Federal Reserve rate cuts.

The AI equity rotation has also been cited as a contributing factor, with capital previously invested in Bitcoin now finding comparable asymmetric return profiles in AI-exposed equities. This shift has created a challenging environment for crypto pricing, with Treasury yield environments remaining elevated throughout the current outflow sequence.