Bitcoin ETFs Bleed $4.5 Billion in Worst Month Ever as BTC Price Crashes
US Bitcoin ETFs just logged their worst month on record, shedding a brutal $4.5 billion in June. This massive outflow coincided with Bitcoin's steepest monthly drop since 2022, signaling institutional capitulation. Even Ethereum ETFs saw significant redemptions, though some altcoins like XRP and Hyperliquid managed to attract inflows.
US-listed Bitcoin ETFs just puked out $4.5 billion in June, marking the worst monthly performance since their January launch. This isn't just a blip; it's a full-blown institutional retreat. Bitcoin itself tanked 20.48% last month, its worst June since the 2022 collapse. The pain was concentrated, with BlackRock's IBIT alone accounting for nearly 79% of the outflows, dumping $3.55 billion. This single fund's redemptions nearly matched the entire category's previous monthly record. The carnage wasn't limited to BTC. Ethereum ETFs saw $528.99 million in outflows, and even Solana ETFs, which had been on a tear, posted their first monthly outflow. However, not all is red. XRP and Hyperliquid ETFs managed to pull in fresh capital, suggesting a rotation within crypto rather than a complete exit. The real test comes in July: a Bitcoin rebound could lure that capital back to the incumbents.