Bitcoin exchange-traded funds logged 13 consecutive days of net outflows through June 3, the worst streak since the products went live in early 2024. Galaxy Research put the total exits at $4.33 billion and 59,351 BTC over that stretch.
Record exit figures
The 20-day trailing window hit $5.42 billion and 73,080 BTC — both all-time highs. Shorter windows also set records: 7-day outflows reached 39,338 BTC and 10-day outflows hit 42,941 BTC. Bloomberg analyst Eric Balchunas noted the outflows dragged year-to-date flows negative, though BlackRock's IBIT and a few peers remain positive on the year.
April 2024 was the strongest month for Bitcoin ETF inflows, clocking $1.97 billion. The current reversal stands in sharp contrast.
Ethereum ETFs join the red
Ethereum ETFs haven't fared better. They've posted 17 straight outflow days, their longest losing streak on record. The simultaneous selling across both Bitcoin and Ether products suggests broad investor caution rather than a rotation between assets.
Mixed flows elsewhere
Not every fund is bleeding. Hyperliquid (HYPE) funds have continued drawing inflows since their mid-May debut this year. The BNB ETF has seen only one positive day. XRP and Solana products show mixed flows, with no clear trend.
Total lifetime net inflows for Bitcoin ETFs still sit near $55 billion, less than $10 billion below the all-time high set earlier in 2026. Whether the streak extends further depends on whether sentiment shifts or macro conditions change.
