Mounting investor caution has driven a sharp reversal in demand for U.S.-listed spot bitcoin ETFs, which have shed roughly $4 billion in June. The figure marks the largest monthly outflow since the products launched, surpassing previous redemption periods and signaling a notable shift in sentiment among the funds' holders. Spot bitcoin ETFs had been a key channel for institutional and retail exposure to the cryptocurrency, so sustained withdrawals could weigh on broader market liquidity and price stability. The outflows come amid broader uncertainty across digital asset markets, where investors appear to be reducing risk. While the funds had previously attracted strong and steady inflows, the June reversal raises questions about near-term confidence in bitcoin. Whether the trend continues into the following month will be closely watched by traders and fund issuers alike.
— Sponsored —
Trade smarter on BYDFI
Get a bonus on your first deposit — from $50 at $100, up to $2,000 at $20k. 200x leverage, 600+ perpetuals, deep liquidity.