BlackRock’s iShares Bitcoin Trust (IBIT) recorded $405.3 million in net outflows, its second-largest daily withdrawal since launching in January 2024 as investors reduced exposure to Bitcoin.

Other U.S. spot Bitcoin ETFs collectively lost $398.6 million during the session extending a period of sustained withdrawals amid market uncertainty.

In June 2026, IBIT  recorded its largest single-day outflow on record so far, including a massive block transaction that underscored growing institutional selling.

MARKET ANALYSIS | Spot Bitcoin ETFs Hit Historic Outflows as Other Sectors Absorb Capital

The latest outflows coincided with Bitcoin falling as geopolitical tensions and macroeconomic concerns weighed on investor sentiment.

IBIT, the largest U.S. spot Bitcoin ETF, has become a key indicator of institutional demand for the cryptocurrency.

The latest withdrawals highlight weakening appetite for regulated Bitcoin investment products after months of strong inflows.

INSIGHTS | The World’s Largest Spot Bitcoin ETF is Emerging as a Key Signal for Bitcoin Market Sentiment

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