Spot Bitcoin ETFs posted $4.4 billion in net outflows over 13 straight trading days — the longest losing streak on record for the fund category. The exodus wiped out a meaningful chunk of the inflows that built up earlier this year.
By the numbers
The streak began May 19 and ran through June 4, according to data compiled by GFdaily. Each day saw net redemptions, with daily totals ranging from roughly $150 million to more than $600 million. The 13-day run tops any prior outflow sequence since the ETFs launched in early 2024.
By the end of the period, the cumulative $4.4 billion exit had erased roughly 12% of total net inflows since inception. The funds still hold about $32 billion in combined assets under management.
What comes next
No fund issuer has publicly commented on the outflow pattern. Trading volumes in the underlying ETFs have stayed elevated, but the directional pressure has been one-sided. Whether the streak breaks in the coming sessions will depend on the same factors that drove the sell-off — namely, broader macro uncertainty and a cooling appetite for crypto exposure.
