United States-listed Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows of $4.5 billion in June 2026, marking the worst monthly figure since this product launched in January 2024.

Those redemptions happened alongside rapidly falling prices. Bitcoin fell 20.48% over the entire month, marking the strongest month-over-month adjustment since June 2022, when this asset dropped to 37.28% during that cycle’s crisis

IBIT drives institutional withdrawals

The outflow in June broke the previous record of 3.56 billion USD, which previously occurred in February 2025, when the market was also under significant pressure

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BlackRock’s iShares Bitcoin Trust (IBIT) had the largest outflows in this group. The fund alone lost as much as 3.55 billion USD, accounting for nearly 79% of the total redemptions across this group

This level of intensity is worth paying close attention to, because the outflow from IBIT alone is nearly comparable to the old record within the group from the previous month's period, by itself

The price data also helps reinforce this picture. Bitcoin closed in negative territory in four of the first six months of 2026. The June decline of 20.48% was the sharpest drop of the year

How did cryptocurrency ETFs perform in June 2026?

Weak signals are not limited to Bitcoin alone, because each category has a different size. In June, the Ethereum (ETH) ETF saw an outflow of 528.99 million USD, according to SoSoValue shown above

The Solana (SOL) ETF recorded a net outflow of about 786,580 USD. Although the amount is small, it marks the first-month outflow since the Solana ETF launched, bringing an end to its steady growth

Not every category is negative. The XRP (XRP) ETF attracted net inflows of 59.46 million USD in June, and it has remained positive amid the overall downturn

Hyperliquid (HYPE) ETF leads the group with inflows of 161.05 million USD, which is considered the strongest performance in June within this set of products

This trend suggests that capital circulating within the crypto market is more likely than being withdrawn entirely. New altcoin products attract fresh capital even as the two biggest categories are still seeing continuous withdrawals

Whether this rotation trend will persist depends on the direction of Bitcoin’s price in July. If the price rebounds, capital could flow back into the leading asset group again

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