{"id":9716,"date":"2026-06-29T14:19:55","date_gmt":"2026-06-29T14:19:55","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=9716"},"modified":"2026-06-29T14:19:55","modified_gmt":"2026-06-29T14:19:55","slug":"bitcoin-etfs-set-for-worst-month-with-4bn-in-outflows","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=9716","title":{"rendered":"Bitcoin ETFs set for worst month with $4bn in outflows"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>US-listed Bitcoin exchange-traded funds are on pace for their worst month of withdrawals since launching two years ago.<\/p>\n<p>Investors have pulled more than $4.1 billion from the 13 funds in June, the highest net outflow since the products started trading in January 2024, data compiled by Bloomberg shows. IBIT, the BlackRock\u00a0fund with the most assets under management, alone accounted for $3 billion of those withdrawals.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1848062\" src=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-555x367.jpg\" alt=\"\" width=\"555\" height=\"367\" srcset=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-555x367.jpg 555w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-1024x677.jpg 1024w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-150x99.jpg 150w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-1536x1016.jpg 1536w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-171x113.jpg 171w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-230x152.jpg 230w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383-744x492.jpg 744w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459554383.jpg 2010w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\"\/><\/p>\n<p>The outflows come as Bitcoin itself is on track for its worst monthly performance since June 2022, when a chain of crypto businesses went bankrupt, culminating in the downfall of Sam Bankman-Fried\u2019s FTX. The token is down more than 18% this month, hovering around $60,000 since falling through that level last week.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>\u201cThe scale and duration of these outflows suggest that traditional investors remain defensive,\u201d analysts at market intelligence firm Glassnode wrote in a recent note. While previous Bitcoin corrections attracted ETF buying, investors this time around are choosing to reduce exposure, the analysts added.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1848063\" src=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-555x367.jpg\" alt=\"\" width=\"555\" height=\"367\" srcset=\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-555x367.jpg 555w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-1024x677.jpg 1024w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-150x99.jpg 150w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-1536x1016.jpg 1536w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-171x113.jpg 171w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-230x152.jpg 230w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535-744x492.jpg 744w, https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/06\/459555535.jpg 2010w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\"\/><\/p>\n<p>Along with the spot funds, Michael Saylor\u2019s Bitcoin accumulator Strategy, formerly MicroStrategy, has also been on the back foot. Bitcoin\u2019s latest selloff was sparked when Strategy sold $2.5 million worth of its roughly $50 billion in Bitcoin holdings. The sale was small but symbolically significant for the market.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>\u201cAdding to the pressure, MicroStrategy\u2019s preferred stock vehicle STRC dived 24.67% last week to $74.57,\u201d said Tony Sycamore, an analyst at IG Australia. \u201cThe selloff was driven by growing concerns that the company may need to sell some of its Bitcoin holdings to meet upcoming convertible note maturities and dividend obligations.\u201d<\/p>\n<p>Bitcoin was trading around $60 000 as of 8:30 a.m. in London on Monday, down more than 50% from its October peak last year.<\/p>\n<p>\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n<p>#Bitcoin #ETFs #set #worst #month #4bn #outflows<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-listed Bitcoin exchange-traded funds are on pace for their worst month of withdrawals since launching two years ago. Investors have pulled more than $4.1 billion from the 13 funds in&hellip; <\/p>\n","protected":false},"author":1,"featured_media":9717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11651,95,36,98,10653,1782,4115],"class_list":["post-9716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-4bn","tag-bitcoin","tag-etfs","tag-month","tag-outflows","tag-set","tag-worst"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/9716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9716"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/9716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/9717"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}