Live markets: U.S. spot bitcoin ETFs had their worst month ever in June, shedding $4.5 billion
CoinDesk 2026-07-01 07:05:11
Context: U.S. spot bitcoin ETFs experienced their worst month ever in June, with a record $4.5 billion in net outflows, according to data from SoSoValue. This significant decline surpassed the previous record of $3.48 billion in February 2025 by 29%. The substantial outflows were likely triggered by two major events: SpaceX's debut on June 12, which absorbed billions in risk capital, and the Federal Reserve's decision to turn the dot plot toward hikes on June 17.
Key Facts
- U.S. spot bitcoin ETFs recorded $4.5 billion in net outflows in June, their worst month since launching in January 2024, according to SoSoValue data.
- BlackRock's IBIT, the largest fund by assets, accounted for $3.55 billion of the monthly total alone, including $212 million on June 30, the ninth consecutive day of net outflows.
- Total ETF assets have fallen to about $71 billion from roughly $83 billion at the start of the month, indicating a significant decline in assets.
- The previous record for outflows was $3.48 billion in February 2025, which was surpassed by 29% in June.
- SpaceX's debut on June 12, which raised $75 billion in total and broke all single-session records for retail buying on its first trading day, may have contributed to the streak of outflows.