Bloomberg: Institutional Bitcoin buying cools, spot ETFs face worst monthly redemptions since listing.

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Deep Tide TechFlow news, June 30, according to Bloomberg, Bitcoin is currently facing pressure from synchronized weakening of institutional demand, mainly reflected in two aspects: first, U.S.-listed spot Bitcoin exchange-traded funds (ETFs) saw their worst monthly capital outflows in June 2026 since the product launch in January 2024; second, the market still has doubts about the sustainability of the financing model related to Bitcoin's largest corporate holder, weakening the support of institutional buying for prices.

Data shows that the 13 U.S. spot Bitcoin ETFs had a combined net outflow of over $4.1 billion in June, marking the largest monthly redemption scale since the product's launch.

Among them, BlackRock's largest spot Bitcoin ETF, IBIT, recorded approximately $3 billion in outflows, accounting for the majority of the total monthly outflows.

The report pointed out that against the background of continued ETF investor withdrawals and doubts about the demand logic on the corporate side, Bitcoin's reliance on institutional funds is facing a more evident test, and market fragility is rising.

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