June 2026 has been the toughest month for spot Bitcoin ETFs in the US since their launch in January 2024. According to SoSoValue, net outflows from funds amounted to $4.5 billion, 29% higher than the previous record of $3.48 billion recorded in February 2025. The main contributor to these statistics was BlackRock’s flagship fund IBIT, which lost $3.55 billion.

Total assets under management in products have declined from peaks above $110 billion to around $70.9 billion. Nevertheless, the cumulative net inflow since the launch of the funds remains positive and exceeds $51 billion, indicating that long-term institutional interest is maintained.

Experts attribute record outflows not to Bitcoin’s fundamental problems, but to macroeconomic capital rotation. Paul Howard of Wincent cited high interest rates and geopolitical uncertainty as key factors. Maxim Seyler of STS Digital pointed out the "lack of new capital" after the strong 2025, as well as the transfer of funds to the large-scale IPO SpaceX, which attracted $75 billion.

Against this background, Bitcoin traded for around $58,500, down 20% monthly and 45% year on year. Bitfinex analysts reported a further decline to $40,000 by the fourth quarter. However, market participants, including CEO Lynq Gerald David, emphasize: Outflows from ETFs create short-term pressure on prices but do not indicate a loss of long-term asset confidence.