Bitcoin ETF Outflows Hit $82 Million Amid Selective Issuer Flows

Bitcoin traded near $63,900 on June 18 after rebounding to $66,000, yet ETF demand remained fractured following the Fed’s June 17 policy update. The modest Strategy sale of 32 BTC in late May shattered institutional conviction, triggering $4.3 billion in outflows over 12 sessions, more than $800 million in liquidations, and a collapse in corporate treasury buying from $500 million daily to near zero. Institutions have since sold roughly 2,000 BTC per day—exceeding miner supply by 460%—while stablecoin supply held steady near $273 billion, indicating capital is rotating within crypto rather than exiting.