Spot Bitcoin ETFs shed $4 billion in June 2026, marking the biggest monthly outflow on record. The drop came as Bitcoin climbed 2 percent to reach about $65,000.
The brief rally ended a 10-day stretch of net outflows, when fresh money finally entered the market. Yet, the overall fund balance sank sharply.
Analysts argue the market keeps a bear structural advantage. Sentiment remains fragile following a brief boost from US-Iran peace talks. The large outflow shows that investors remain cautious despite the short-term price gain.