IBIT Investors Face 40% Loss as Bitcoin ETFs Mark Record 7-Week Outflow

What happened: U.S. spot Bitcoin ETFs capped their seventh straight week of net outflows, losing $1.79 billion in the week ending June 26, 2026—the second-worst weekly outflow since launch. BlackRock's IBIT led the exodus with a single-day $444.51 million outflow on Friday. The average IBIT investor, who was up 30% in mid-2025, is now down about 40% as net assets dropped to $44.42 billion against $60.77 billion in cumulative inflows. Ether ETFs saw similar pain, with $273.34 million in outflows and a matching seven-week streak. The outflows intensified after the Federal Reserve's June 18 meeting, which signaled a more hawkish stance for 2026 rates.

Why it matters: The persistent ETF outflows highlight waning mainstream investor confidence in crypto, especially among those who entered via regulated products. The seven-week streak is unprecedented, and the scale of losses—both in capital and sentiment—raises questions about the resilience of the ETF-driven adoption thesis. However, long-term holders absorbed a record 181,000 BTC this week, suggesting that while ETF investors are capitulating, foundational conviction remains strong in other market segments.

Source: The Block