Record Bitcoin ETF Outflows Hit $6B as BTC Holds at $63,600

Bitcoin faces intensifying institutional selling as spot ETF outflows reached record levels through June 20. After strong accumulation headlines on June 18 that positioned BlackRock as the third-largest holder with 764,000 BTC, the tone shifted sharply on June 19 when BlackRock sold over 1,000 BTC in one session. Combined ETF flows turned deeply negative, with total assets dropping from $109 billion to roughly $80 billion and Bitcoin testing $60,000 support before stabilizing near $63,600 amid macro headwinds.