Bitcoin ETFs Record $6.4 Billion Outflow in 30 Days
BITmarkets Team
Jun 22, 2026
Data from Galaxy Research shows that spot Bitcoin ETFs experienced approximately $6.35 billion in net outflows over the last 30 trading days. The products also logged their sixth consecutive week of withdrawals, reducing cumulative net inflows to $53.4 billion from a peak of $63 billion reached in October 2025.
According to Galaxy Research, ETF redemptions continue to accelerate, with daily outflows “still deepening day over day.” The trend has raised questions about institutional sentiment toward Bitcoin, although industry participants argue that ETF flows do not always provide a complete picture of investor demand.
Market conditions continue to pressure Bitcoin
Bitcoin has faced significant headwinds in recent weeks, with the asset trading around $64,167 at the time of writing, representing a decline of roughly 17.4% over the past month. Several macroeconomic factors have weighed on market sentiment, including rising inflation in the United States and ongoing geopolitical tensions stemming from the conflict between the US and Iran.
While the ETF outflows may appear to signal declining institutional interest, BlackRock's US Head of Equity ETFs, Jay Jacobs, said there are often multiple reasons behind fund redemptions that extend beyond simple bearish sentiment. “What I think is maybe sometimes misunderstood by the market is that if we see a day of outflows, there could be a million reasons why. It could be someone selling IBIT and buying BITA,” Jacobs said, referencing BlackRock’s recently launched iShares Bitcoin Premium Income ETF.
BlackRock maintains long-yerm Bitcoin outlook
Despite the recent volatility and persistent ETF outflows, BlackRock remains confident in Bitcoin’s long-term investment case. Jacobs emphasized that short-term market fluctuations do not alter the firm's broader perspective on Bitcoin as a decentralized and global monetary alternative.
“Every asset class has volatility… we have over 450 exchange-traded funds within iShares,” he said, referring to BlackRock’s extensive ETF lineup. He noted that inflows and outflows occur daily across a wide range of asset classes, including equities, commodities and digital assets, making short-term fund movements a normal part of market activity.
“So we see inflows and outflows every day across a wide range of assets from large cap, small cap, Bitcoin, gold, etc. So in the short term, it's absolutely not something that changes the way we view the asset or the utility of the asset.”
While Bitcoin ETFs continue to face selling pressure, major asset managers appear focused on the long-term role of digital assets rather than short-term fluctuations in fund flows and market sentiment.
Sources:
https://cointelegraph.com/news/bitcoin-etfs-shed-a-record-64b-in-30-days-as-bitcoin-shivers
