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Bitsky000

06/21 17:02

Bitcoin ETFs Post Record $6.35B 30-Day Outflow

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Bitcoin ETFs Post Record $6.35B 30-Day Outflow .S. spot Bitcoin ETFs saw a record $6.35 billion in 30-day net outflows, the largest since launch in January 2024. A 13-day withdrawal streak removed about $4.4 billion as Bitcoin fell to four-month lows near $60,000. Despite recent redemptions, spot Bitcoin ETFs still hold more than $53 billion in cumulative net inflows. Bitcoin ETFs recorded their largest 30-day net outflow on record, with $6.35 billion leaving U.S. spot Bitcoin funds over the latest period, according to Galaxy Research. The withdrawals came as Bitcoin’s price fell 17% in one month, driven by redemptions from institutional investors between May and June across multiple ETF products including major funds as BlackRock’s IBIT and Fidelity’s FBTC.
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