Spot Bitcoin ETFs Record $1.72 Billion in Net Outflows in Four-Week Streak

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Spot Bitcoin ETFs saw $1.72 billion in net outflows in the week ending June 5, extending a four-week streak of billion-dollar redemptions, attributed to macro-driven risk repricing amid stronger US employment data and rising Treasury yields.

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Why It Matters

Bitcoin ETF outflows reflect broader market and economic trends.

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Spot Bitcoin exchange-traded funds (ETFs) recorded about $1.72 billion in net outflows in the week ended Friday, according to SoSoValue data. The outflows extended the streak to four straight weeks of billion-dollar redemptions, dating back to the week ending May 15. [...]

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AI outlook — possibilities, not facts

Potential continued outflows if macroeconomic conditions worsen
Likely · Within weeks

Open Questions

Will outflows continue beyond the four-week streak?
Impact on broader crypto market

The UK Financial Conduct Authority (FCA) is proposing a rule allowing UCITS and most non-UCITS retail schemes to hold crypto exchange-traded notes (ETNs) up to 10% of scheme property. This move aims to integrate crypto exposure into regulated fund structures, offering a capped route for diversified portfolios while direct crypto holdings remain excluded.

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Spot Bitcoin ETFs Record $1.72 Billion in Net Outflows in Four-Week Streak

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