Spot Bitcoin ETFs shed $4 billion in June 2026, setting the biggest monthly outflow on record. The drop came as Bitcoin climbed 2 percent to hover around about $65,000.
The brief rally broke a 10-day stretch of net outflows, when fresh money began flowing into the market. Yet, the overall fund balance dropped sharply.
Analysts note the market still holds a bear structural advantage. Sentiment remains fragile after a temporary boost from US-Iran peace talks. The large outflow shows that investors are staying cautious even with the short-term price gain.