IBIT experiencing continuous blood loss, institutional funds are retreating, and short-term sentiment is indeed fragile, but the price can still hold around 64,000, indicating that the buying pressure below hasn't completely collapsed.

CryptoWorld News reports that the U.S.-listed Bitcoin ETFs faced new pressure in June, with approximately $2.1 billion in fund outflows, which is expected to exceed the total $2.4 billion outflows recorded in May. After a slight rebound, the price of Bitcoin is trading near $64,000, but market sentiment remains fragile. The outflows are mainly concentrated in BlackRock’s Bitcoin ETF IBIT, which has seen the longest weekly outflows since October 2025. This week, IBIT recorded outflows of about $401.4 million, with cumulative outflows reaching $4.2 billion, indicating a sharp decline in investor demand.