Bitcoin ETFs Post Record $3.45B Outflow Streak

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US spot Bitcoin ETFs recorded 11 straight trading days of net outflows, with SoSoValue data showing $3.45 billion withdrawn. The streak began on May 15 and became the longest negative run since the products launched in January 2024. June 1 outflows reached $483.8 million, led by $440.3 million from BlackRock's IBIT. Strategy also sold 32 BTC between May 26 and May 31, according to an SEC filing.
BTC-3.46%
IBIT-4.64%
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