Bitcoin and Ether ETFs See Seventh Straight Day of Outflows; BlackRock's IBIT Records Largest Single-Day Exit
Summary
U.S. spot bitcoin and ether ETFs experienced a seventh consecutive day of net outflows on June 26, with bitcoin products losing $445 million in a single session. BlackRock's IBIT saw its largest single-day exit since its 2024 launch, absorbing nearly the entire bitcoin outflow. Ether ETFs also posted net outflows for a seventh day, raising concerns about institutional demand. The outflows coincided with bitcoin trading near $60,000, well below 2025 highs, amid macroeconomic uncertainty and shifting Federal Reserve rate expectations. Analysts described the week as the worst weekly outflow ever for these products, marking a sharp reversal from the persistent inflows that characterized the funds during their first eighteen months.
Source
bskyBitcoin and Ether ETFs See Seventh Straight Day of Outflows; BlackRock's IBIT Records Largest Single-Day Exitbriefly.coKey quotes
· 5 pulledBlackRock's IBIT absorbed nearly the entire bitcoin outflow, marking its largest single-day exit since launching in 2024.
Analysts described the week as the worst weekly outflow ever for the products.
Seven straight withdrawal sessions indicate caution among large allocators.
ETF flows serve as a key gauge of professional demand.
The pattern reverses persistent inflows that defined the funds during much of their first eighteen months.
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