Bitcoin ETFs Hit Record-Breaking Outflows Amidst Price Declines

The spot Bitcoin ETF market has hit a wall in 2026, with net flows turning negative for the majority of the year. According to data from Bitget, US spot Bitcoin ETFs recorded $5.4 billion in net outflows during the first half of 2026, marking the first negative half-year since their launch.

The funds had accumulated $56.6 billion in cumulative net inflows over their first two years of existence, but this trend has reversed in 2026. June was particularly rough, with roughly $4.5 billion in outflows, the largest single-month exit on record for spot Bitcoin ETFs.

BlackRock's IBIT was a significant contributor to the selling, with $1.34 billion in redemptions reported in one week alone. By mid-July, year-to-date net flows had crossed into negative territory for the first time.