Bitcoin ETFs Suffer Worst Month on Record Amid Sharp Price Decline

US-listed Bitcoin (BTC) exchange-traded funds (ETFs) have suffered their worst month on record, reporting $4.5 billion in net outflows during June. This marks a significant decline from previous months, with a sharp price drop contributing to the trend.

The redemptions coincided with a 20.48% fall in Bitcoin's value over the month, its steepest monthly drop since June 2022 when it shed 37.28%. The decline has had a ripple effect across the market, with Ethereum (ETH) ETFs posting $528.99 million in June outflows and Solana (SOL) ETFs recording their first monthly outflow.

However, not all categories turned negative, with XRP (XRP) ETFs drawing $59.46 million in net inflows during June, holding positive despite the broader downturn. Hyperliquid (HYPE) ETFs led the group with $161.05 million in inflows, the strongest June showing across the products.

The data suggests capital rotated within crypto rather than exiting entirely, with newer altcoin products absorbing fresh money even as the two largest categories saw sustained redemptions.