W3BStation
Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/27/2026

Bitcoin ETFs See $692M Outflow Ahead of $10.6B Options Expiry

What happened: Bitcoin briefly dipped to $59,100 on June 26 as U.

Bitcoin ETFs See $692M Outflow Ahead of $10.6B Options Expiry

What happened: Bitcoin briefly dipped to $59,100 on June 26 as U.S. spot BTC ETFs recorded $691.7 million in net outflows—the largest single-day redemption since May 2025. Major contributors included FBTC ($274.5M) and IBIT ($265.7M). The outflows come ahead of Friday’s $10.6 billion quarterly options expiry on Deribit, representing 37% of open interest. About 80% of contracts are out of the money and expected to expire worthless. Over $1.1 billion in leveraged crypto positions were liquidated in the past 24 hours, with $875 million in long positions wiped out.

Why it matters: The ETF outflows and looming options expiry have put pressure on bitcoin’s price, which is now 6.4% lower week-on-week and well below its October 2025 all-time high of $126,080. Analysts note that ETF growth has stalled, and the $60,000 level is seen as a critical technical threshold. Macro factors, including the Fed’s hawkish stance and the passage of the Clarity Act, are also influencing sentiment. The options expiry could introduce further volatility, but with most contracts set to expire worthless, its market impact may be muted.

Source: Decrypt