Spot Bitcoin ETFs shed $4 billion in June 2026, marking the biggest monthly outflow ever. The drop came as Bitcoin rose 2 percent to hover around about $65,000.
The short rally broke a 10-day stretch of net outflows, when fresh money began flowing into the market. Yet, the overall fund balance sank sharply.
Analysts note the market still holds a bear structural advantage. Sentiment stays fragile after a temporary boost from US-Iran peace talks. The large outflow shows that investors are staying cautious even with the short-term price gain.