Even BlackRock Whales Cut Losses...Bitcoin (BTC) Spot ETF, Is the Worst Crash Ever Coming?

▲ Bitcoin Spot ETF

Fear of institutional capital flight has once again gripped the cryptocurrency market as $4.5 billion flowed out of U.S.-listed Bitcoin (BTC) spot ETFs in June.

According to crypto media outlet BeInCrypto on July 1 (local time), U.S.-listed Bitcoin spot ETFs recorded a net outflow of $4.5 billion in June 2026. This is the worst monthly performance since the product's launch in January 2024.

The capital outflow coincided with a sharp drop in Bitcoin's price. Bitcoin fell by 20.48% in June, marking its largest monthly decline since a 37.28% crash in June 2022. The fact that Bitcoin ended down in four of the first six months of 2026 also indicates a decline in institutional investor sentiment.

BlackRock's iShares Bitcoin Trust (IBIT) saw $3.55 billion flow out in June alone. Approximately 79% of the total Bitcoin spot ETF net outflow was concentrated in IBIT. This amount is almost equivalent to the previous monthly net outflow record of $3.56 billion set in February 2025.

The bearish trend was not limited to Bitcoin. Ethereum (ETH) ETFs recorded a net outflow of $528.99 million in June, and Solana (SOL) ETFs also showed a net outflow of approximately $786,580. Solana ETFs recorded their first monthly net outflow since launch, breaking the previous inflow trend.

Conversely, some altcoin ETFs retained capital. XRP ETFs recorded a net inflow of $59.46 million in June, and Hyperliquid (HYPE) ETFs showed the strongest inflow during the same period with a net inflow of $161.05 million. BeInCrypto pointed out that the trend is less about funds completely leaving the cryptocurrency market and more about a shift from large products to some new altcoin products.

*Related Article: Even After Shaking Off Sell-Off Fears, 'Anxiety' Lingers...Bitcoin (BTC) ETF Exodus Alert

*Related Article: XRP (Ripple) on High Alert to Defend $1... "Even $1.4 Billion Inflow into ETF Couldn't Stop Selling Pressure"

[Article Key Summary]

-U.S.-listed Bitcoin spot ETFs recorded a net outflow of $4.5 billion in June, marking their worst monthly performance since launch.

-BlackRock's IBIT saw $3.55 billion flow out, accounting for approximately 79% of the total net outflow.

-Ethereum and Solana ETFs also saw net outflows, but XRP and Hyperliquid ETFs experienced inflows, confirming an internal movement of funds within the market.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*