- Spot Bitcoin ETFs endured a record 13-day net outflow streak, shedding over $4.3 billion, which culminated in a severe price crash.
- BlackRock‘s IBIT saw its second-largest single-day outflow ever at roughly $528 million during the sell-off.
- May 2026 was the funds’ worst month of the year, with only six trading days attracting net new money KuCoin.com/news/flash/bitcoin-etfs-record-1-42b-weekly-outflows-in-may-2026″ target=”_blank” rel=”noreferrer noopener”>according to data.
For nearly three weeks ending June 3, 2026, spot Bitcoin exchange-traded funds saw no net new investments, marking their longest-ever stretch of continuous withdrawals since launching in January 2024. This historic run of pessimism among ETF investors directly preceded a sharp decline in Bitcoin’s market value.
Total outflows during the 13-session streak amounted to 59,351 BTC, valued at over $4.3 billion. The pattern finally broke with a minor $3.2 million inflow, but the damage was already severe.
Consequently, Bitcoin’s price plummeted below $60,000, reaching its lowest level since October 2024. At publication time, BTC was down 17% over the preceding week.
Most of the selling pressure originated from BlackRock’s iShares Bitcoin Trust (IBIT), the largest fund. It experienced a single-day outflow of approximately $528 million, its second-worst day on record.
Bloomberg ETF analyst Eric Balchunas admitted, “this is the bad times.” The entire month of May closed as the ETFs’ worst of the year, with net outflows hitting $2.4 billion.
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