US Bitcoin ETFs Face $1.79B Withdrawals in a Single Week
Historic bleed at Wall Street! According to Farside data, US spot Bitcoin ETFs just suffered a colossal loss of 1.79 billion dollars in net outflows in a single week. This is the second worst performance since their launch in January 2024. Between Grayscale’s (GBTC) capitulation and BlackRock’s slowdown, the institutional market seems to be faltering. Simple technical correction or major distress signal before a deeper decline? Here’s the full update.
In brief
- US spot Bitcoin ETFs lost 1.79 billion dollars in the week ending June 26, 2026.
- This is the second worst week in these funds’ history and their 7th consecutive week of net outflows.
- BlackRock IBIT accounts for about 73% of the week’s withdrawals, with an average unrealized loss of 40% for its investors.
- Ethereum ETFs confirm the same trend: marked slowdown in institutional demand.
A historic week for Bitcoin ETFs
Launched in January 2024, the spot Bitcoin ETFs were hailed as a revolution in the United States. Proof: they raised tens of billions of dollars within months. Enough to propel the BTC price to historic highs. But the week of June 26, 2026 marks a turning point.
With 1.79 billion dollars in net outflows over five trading days, these funds have recorded their second worst weekly performance since inception. The only worse week was at the end of February 2025, which saw 2.61 billion dollars evaporate in a few days.
What fundamentally distinguishes the current situation from the 2025 episode is its duration. In February 2025, the correction was sharp but short. Here, seven weeks have passed without a single week of positive flows from the spot Bitcoin ETFs. For analysts, this persistence is the most worrisome signal.
According to Farside data, Thursday, June 25, 2026 alone saw 696.29 million dollars in net outflows in a single session. The weekly record! Moreover, almost all of the outflows on June 25 exclusively came from BlackRock IBIT. In one day, this fund saw nearly 7,440 BTC withdrawn. That represents about 691.7 million dollars.
The ETF negative flow crisis is not limited to Bitcoin
The US spot Ethereum ETFs recorded 273.34 million dollars in net withdrawals during the same week. This also marks their seventh consecutive week of outflows. June 25 alone saw 82 million dollars in withdrawals from ETH ETFs, while the Ethereum price plunged around $1,510. This wiped out nearly 31 billion dollars in market capitalization.
This synchronization between Bitcoin and Ethereum ETF outflows is significant. It suggests a movement of reducing overall crypto asset exposure by institutional investors.
Beyond ETF flows, onchain data paints the same picture. The Coinbase Premium Index, which measures the price gap between Bitcoin on Coinbase and international exchanges, remains in negative territory. A negative premium indicates that US demand is weaker than global demand. This is a bearish signal for US institutional sentiment.
That’s not all! Onchain data also shows a net capital outflow from the Bitcoin network in the recent period, rather than an inflow.
- ETF reserves have dropped by more than 63,000 BTC in the last month.
- The total assets under management of all US spot Bitcoin ETFs fell from a peak of about 170 billion dollars in 2025 to approximately 73 billion today.
The current dynamics of Bitcoin ETFs highlight the crypto market’s current dependence on traditional capital flows from Wall Street. The next decisive indicator: the eighth week, and what the Fed will say by then.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.