BlackRock’s iShares Bitcoin Trust (IBIT) recorded a record $1.3 billion in net outflows between June 22 and June 26, 2026. These withdrawals accounted for nearly 73% of the total capital exiting U.S. spot Bitcoin ETFs that week. Total exits across all U.S. spot Bitcoin ETFs reached $1.79 billion during the five-day period.
June marked the worst month on record for the sector as total net outflows exceeded $4 billion. IBIT has transitioned from a primary institutional investment channel into a source of structural selling pressure. This shift contributes to Bitcoin’s price volatility as it struggles to maintain the $60,000 level.