Bitcoin ETFs Post Record $6.35B 30-Day Outflows as BTC Trades Near $64K
U.S. spot Bitcoin ETFs recorded a record $6.35 billion in net outflows over the past 30 trading days through June 21, the largest monthly redemption streak since the products launched in 2024. The heavy selling extended daily outflows of $82.2 million on June 17 and $90.7 million on June 18, coinciding with the Fed’s hawkish signals under Chair Warsh and a $1.7 billion Binance derivatives deleveraging. Despite the pressure, Binance users increased BTC holdings 4.26% and ETH holdings 10.17% in the latest proof-of-reserves report, while selective inflows continued into Fidelity FBTC and Morgan Stanley MSBT.