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U.S. Bitcoin ETFs see $6.35B outflows amid Bitcoin's drop near $60K, signaling weaker institutional demand.

Market News
28 Jun 2026
Crypto Reporter
View Source
Bearish
U.S. Bitcoin ETFs see $6.35B outflows amid Bitcoin's drop near $60K, signaling weaker institutional demand.

U.S. spot Bitcoin ETFs have experienced their longest streak of investor withdrawals in 2026, with about $6.35 billion leaving recently, including $1.7 billion last week alone. This outflow coincides with Bitcoin's price falling toward $60,000, down over 50% from its October 2025 peak of around $126,300. Major funds like BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund have led the redemptions. Analysts attribute the sell-off mainly to macroeconomic concerns, such as expectations of prolonged higher interest rates, which reduce appetite for speculative assets. Despite the outflows, these ETFs still hold over $100 billion in assets and remain key institutional vehicles for Bitcoin investment. Market watchers will look to ETF flow data for signs of renewed institutional interest, which historically supports Bitcoin price gains.

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