Bitcoin ETFs Suffer Record-Breaking Outflows Amid AI-Fueled Rotation

The US-listed spot Bitcoin ETFs have seen their worst half-year on record, with net outflows totaling $5.4 billion in the first six months of 2026.

This is the first negative half-year since these products launched in January 2024.

June was particularly rough, with $4.5 billion exiting spot Bitcoin ETF products, the largest monthly outflow ever recorded for this asset class.

BlackRock's IBIT led many of the outflow sessions, recording $1.34 billion in redemptions in one week during June.

The selling pressure was broad, not concentrated in any single product, as Grayscale's GBTC and Fidelity's FBTC also faced consistent redemptions throughout the period.