Q2 2026 saw the largest quarterly BTC ETF outflow on record of 77,033 BTC, which 13F filings suggest was overwhelmingly retail-driven.

Institutional holders cut exposure for a 3rd straight quarter, but only by 1,195 BTC. Non-13F holders accounted for the remaining 75,839 BTC.
#BTC75kđŸ”„đŸ”„ $BTC