{"id":516127,"date":"2026-06-29T05:44:18","date_gmt":"2026-06-29T05:44:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/516127\/"},"modified":"2026-06-29T05:44:18","modified_gmt":"2026-06-29T05:44:18","slug":"4-billion-gone-spot-bitcoin-etfs-are-on-track-for-their-worst-month-on-record","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/516127\/","title":{"rendered":"$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record"},"content":{"rendered":"<p>U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue. It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025.<\/p>\n<p>Last week, the funds saw redemptions of about $1.79 billion, the second-highest weekly outflow since trading began in January 2024. (These figures could shift slightly based on flows over the final two trading days of the month.)<\/p>\n<p>This trend runs counter to expectations early in the month of renewed demand following SpaceX&#8217;s IPO on June 12.<\/p>\n<p>Spot ETFs serve as a widely followed barometer for institutional investors seeking regulated exposure to bitcoin without directly holding the cryptocurrency.<\/p>\n<p>June\u2019s outflows followed $2.43 billion in net redemptions in May, bringing the two-month total close to $6.5 billion. That figure is comparable to the current market capitalization of zcash (ZEC), currently ranked among the world\u2019s 15 largest cryptocurrencies by market cap.<\/p>\n<p>On a year-to-date basis, net outflows tally roughly $5 billion in the first half of 2026.<\/p>\n<p>The impact of this collapse in institutional demand is evident in bitcoin\u2019s price performance, which has declined around 30% in the first half, underperforming nearly every major asset class except Strategy (MSTR). Shares in the bitcoin-holding publicly listed firm have tanked by 45%. <\/p>\n","protected":false},"excerpt":{"rendered":"U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue.&hellip;\n","protected":false},"author":2,"featured_media":516128,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[951,114,30591,85,46],"class_list":["post-516127","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bitcoin","tag-business","tag-etfs","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/516127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=516127"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/516127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/516128"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=516127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=516127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=516127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}