Bitcoin ETF Continues Outflows, Record $4.4 Billion, Funds Rebound for the First Time in Three Weeks.

From May 15 to June 3, the US spot Bitcoin ETF experienced 13 consecutive trading days of net outflows, totaling approximately $4.37 billion, equivalent to about 59k Bitcoins. This is the longest continuous outflow since its listing in January 2024, surpassing the previous record of 8 days and $3.2 billion in February 2025, which was doubled. The cumulative net inflow in 2026 has also turned negative for the first time.
The biggest outflow was from BlackRock IBIT, which withdrew about $3.3 billion during the entire outflow period, accounting for three-quarters of the total outflows. Fidelity FBTC saw outflows of about $456.6 million, and Grayscale GBTC experienced outflows of approximately $303.6 million.
The capital outflows, combined with the cryptocurrency price dropping from above $80k to around $63k during the same period, caused the ETF total size to shrink from about $104.3 billion to approximately $82.8 billion in three weeks, evaporating about $21.5 billion.
On June 5, Bitcoin ETF ended the 13-day streak of outflows with a slight net inflow of $3.05 million. On June 12, a clearer signal appeared: a single-day net inflow of $85.84 million, with five funds experiencing inflows, and seven recording zero net flow; none showed net outflows.
Standard Chartered Bank’s global head of digital asset research, Geoff Kendrick, included ETF fund rebound in the Bitcoin bottoming list. In a brief report to clients, he said that the prices of crypto assets have already hit the bottom of this cycle, corresponding to about $59k for Bitcoin, down 53% from the $126k high.
He mentioned three indicators to confirm: Strategy report bought Bitcoin again last week, ETF recorded positive inflows on Friday, and oil prices continued to decline.
He concluded the report by writing, “Winter is over, welcome back to the spring of crypto.”