Bitcoin ETFs post June's biggest daily outflows as BTC falls below $60K
Cointelegraph 2026-06-26 09:36:34
Context: On June 26, US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net outflows of June as Bitcoin fell below $60,000. The outflows coincided with signs that other large sources of institutional Bitcoin demand are slowing. This development has sparked debate over the strategy of major corporate Bitcoin holders.
Key Facts
- US-listed spot Bitcoin ETFs recorded $696.3 million in outflows on June 26, surpassing the previous monthly high of $519.2 million logged on June 2, according to SoSoValue data.
- The latest withdrawals pushed June’s total outflows to $3.61 billion, bringing year-to-date net outflows to $4.6 billion, and reducing total net assets in US spot Bitcoin ETFs to about $72.6 billion, a decline of roughly 57% from the record $169.5 billion in October 2025.
- The funds held a combined 1.24 million BTC as of June 24, with about 63,500 BTC leaving the products over the past 30 days, according to WalletPilot data.
- Strategy, the world’s largest corporate Bitcoin holder, has reduced its accumulation pace in June, buying roughly 3,600 Bitcoin, down from about 25,000 BTC in May and more than 50,000 BTC in April, according to company filings.
- Strategy’s perpetual preferred stock, STRC, has come under pressure, trading at $75.69 on June 26, down 6.37%, fueling debate over the company’s Bitcoin-buying model and prompting concerns about its timing and risk management.