Bitcoin ETFs lose record $4.5B in June, eclipsing Strategy's $1.25B raise
US-listed spot Bitcoin ETFs saw a record $4.5 billion in net outflows in June, more than three times the $1.25 billion Strategy can raise under its new Bitcoin monetization program. That pushed 2026 year-to-date ETF outflows to about $5.5 billion and cut cumulative net inflows since launch to roughly $51.2 billion. BlackRock’s IBIT made up most of June’s withdrawals, with about $3.55 billion in outflows. Data also suggests weakening demand: despite cumulative inflows still being slightly above last year’s level, US spot Bitcoin ETF holdings have fallen below their year-ago amount and now total under 1.25 million BTC. The outflows overshadowed attention on Strategy’s new capital plan, which some saw as financial flexibility and others viewed as a sign of funding strain.
