Bitcoin ETFs Shed $1.7B as IBIT Leads Weekly Outflows

US spot Bitcoin ETFs recorded $1.72 billion in weekly net outflows, with BlackRock's IBIT accounting for $1.34 billion. SoSoValue data shows the combined outflow was the largest weekly net redemption since February 2025. Andri Fauzan Adziima identified the May 2026 non-farm payroll report as the primary catalyst. BTC recovered partially over the weekend of June 7-8 before settling near $63,000.
BTC0.16%
IBIT-0.45%
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