US Spot Bitcoin ETFs Record Largest June Outflows as BTC Falls Below $60,000
Auf einen Blick
- US-listed spot Bitcoin ETFs recorded their largest daily net outflows in June, shedding $696.3 million as Bitcoin dropped below $60,000.
- This pushed June's total outflows to $3.61 billion, coinciding with a slowdown in Bitcoin accumulation by major corporate holder Strategy.
KI-generierte Zusammenfassung
Warum es wichtig ist
US-listed spot Bitcoin ETFs have seen significant inflows since their launch, with total net assets reaching a record $169.5 billion in October 2025.
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net outflows of June on Thursday as Bitcoin fell below $60,000.
Spot Bitcoin ETFs shed $696.3 million, surpassing the previous monthly high of $519.2 million logged on June 2, according to SoSoValue data.
The latest withdrawals pushed June’s total outflows to $3.61 billion, bringing year-to-date net outflows to $4.6 billion.
The ETF outflows coincide with signs that other large sources of institutional Bitcoin demand are also slowing. Strategy, the world's largest corporate Bitcoin holder, has reduced its accumulation pace in June, prompting debate over whether the company should conserve cash during the market downturn.
US-listed spot Bitcoin ETFs have seen total net assets fall below $73 billion for the first time since late 2024, as recent outflows and a roughly 50% drop in Bitcoin’s price from its October peak weigh on the sector.
According to SoSoValue, total net assets in US spot Bitcoin ETFs reached a record $169.5 billion in October 2025. As of Friday, that figure stood at about $72.6 billion, a decline of roughly 57%.
Separate data from WalletPilot shows the funds held a combined 1.24 million BTC as of Tuesday, with about 63,500 BTC leaving the products over the past 30 days.
Some analysts argue that Strategy should pause BTC purchases and rebuild its cash reserves.
Saylor’s Strategy bought roughly 3,600 Bitcoin so far in June, down from about 25,000 BTC in May and more than 50,000 BTC in April, according to company filings.
The slowdown also included a net sale of 32 BTC earlier in the month, one of the few times the company has sold Bitcoin during its accumulation period.
Strategy’s perpetual preferred stock, STRC, has come under pressure, trading below its intended $100 level. STRC closed at $75.69 on Thursday, down 6.37%.
The move has fueled debate over Strategy’s Bitcoin-buying model. CryptoQuant analysts have raised concerns about the company’s timing and risk management.
On the other hand, Bitcoin advocate Samson Mow said STRC has a “self-repairing mechanism” that activates when it trades below its $100 benchmark. He noted that the company pauses new share issuance through its ATM program at that level, which limits new supply.
Worauf zu achten ist
KI-Ausblick — Möglichkeiten, keine Fakten
Strategy will pause new STRC share issuance through its ATM program.
Sehr wahrscheinlich · Sofort
Offene Fragen
- Will Strategy continue to slow or pause BTC purchases?
- How will STRC's "self-repairing mechanism" impact its price?
- Will Bitcoin's price stabilize or continue to fall?
