Bitcoin ETF Outflows Hit Record $6.35 Billion: Has Selling Peaked?

US spot Bitcoin ETFs (exchange-traded funds) posted their largest 30-day net outflow on record. These Bitcoin ETF outflows reached $6.35 billion as institutional investors cut exposure, according to Galaxy Research.

The redemption marks six straight weeks of withdrawals from the funds. Still, the pace has slowed sharply in recent days. That hints that the most intense phase of institutional selling may be passing.

Record Bitcoin ETF Outflow Tops 582 Windows

Galaxy Research said the $6.35 billion drain ranks first across all 582 rolling 30-day windows it tracks. The analysis arm of Galaxy Digital called it the heaviest stretch since the funds launched in January 2024.

“Bitcoin ETFs set record 30d net outflow at -$6.35 billion over last 30 days (#1 across all 582 30d windows),” they wrote.

The selling has been uneven across the complex. BlackRock’s IBIT has still pulled in $62.1 billion since launch, while Grayscale’s higher-fee GBTC has shed $27 billion.

Together, the funds hold net inflows of $53.4 billion, Farside Investors data shows.

The drawdown tracked a falling market. Bitcoin (BTC) has dropped about 17% over the past month. The token’s spot price near $64,260 sits roughly 49% below the record $126,080 reached on October 6, 2025.

Why Institutions Pulled Back From Bitcoin

Several forces drove the deepening ETF drain. Higher Treasury yields and fading hopes for rate cuts pushed money toward lower-risk assets.

Renewed geopolitical tension and a broad risk-off mood deepened the retreat.

Part of the bleed is structural, not fresh panic. GBTC has been leaking money for months because it charges 1.5% compared to IBIT’s 0.25%.

Other consecutive daily outflows reflected profit-taking and capital leaving Bitcoin for rival assets.

BlackRock’s IBIT still drives the daily swings. On June 18, its $96.7 million redemption outweighed the combined rest of the complex.

Investors had trimmed exposure ahead of the Fed’s interest rate decisions.

Outflows Cool as the Selling Slows

The bleeding has eased in recent sessions. Weekly outflows fell 87% from their early-June peak. They dropped from $1.72 billion in the week ending June 5 to about $226 million last week, according to Farside Investors data.

Bitcoin has held near $64,000 throughout the slowdown. The resilience suggests that long-term holders absorbed much of the supply released by ETF managers.

The sharp drop in weekly redemptions suggests the peak of selling has passed.

Still, outflows remain net negative, and only a swing back to inflows would confirm a bottom.

The post appeared first on BeInCrypto.

read the full story