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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%
06/09/2026

Spot Bitcoin ETFs See $1.72B Outflows, Marking Four Weeks of Redemptions

What happened: US spot Bitcoin ETFs experienced $1.

Spot Bitcoin ETFs See $1.72B Outflows, Marking Four Weeks of Redemptions

What happened: US spot Bitcoin ETFs experienced $1.72 billion in net outflows for the week ending June 5, the largest weekly outflow since February 2025. BlackRock’s IBIT led the exodus with $1.34B in redemptions, followed by Fidelity FBTC ($201.9M) and Grayscale GBTC ($144.3M). This marks four consecutive weeks of billion-dollar outflows, totaling $4.37B and turning 2026’s cumulative flows negative for the first time.

Why it matters: The outflows are attributed to macroeconomic factors, including strong US jobs data, rising Treasury yields, and diminished expectations for Federal Reserve rate cuts. These conditions have made non-yielding assets like Bitcoin less attractive relative to bonds, indicating that ETF flows are being driven by broader risk repricing rather than crypto-specific concerns.

Source: The Block