BlackRock’s iShares Bitcoin Trust (IBIT) recorded $61.64 million in outflows on June 9, 2026. This led a third consecutive day of redemptions for Bitcoin ETFs. Total net outflows for the sector reached $77.44 million.
Analysts characterized the sustained selling pressure as an irrational sell-off. Momentum metrics for major Bitcoin ETFs collapsed into the bottom 10% of the market. These metrics signal negative price trends across short, medium, and long-term horizons.
The broader digital asset market remains cautious. Investors adopted a risk-off approach ahead of upcoming CPI data.