Bitcoin ETFs recorded $222.64 million in net outflows on Tuesday, marking the ninth consecutive day of redemptions as June closed. Blackrock's IBIT led the decline with $212.45 million in exits, while Fidelity's FBTC lost $10.20 million. The session reflected broader market caution, with ether, XRP, solana and HYPE ETFs also finishing lower. June became the worst month on record for U.S. spot bitcoin ETFs, posting $4.5 billion in total outflows and demonstrating a shift from early institutional strength to a more defensive investment posture.
Blackrock's IBIT Records $212.45 Million Single-Day Outflow
Blackrock's IBIT accounted for $212.45 million of Tuesday's bitcoin ETF outflows. Fidelity's FBTC recorded the remaining $10.20 million in redemptions. No bitcoin ETF registered inflows during the session. Total bitcoin ETF value traded reached $2.53 billion, while total net assets closed at $70.95 billion.
Analysts at Yield Basis stated the outflows largely reflect bitcoin's normal market cycle, with macro conditions amplifying the move. "Bitcoin has historically gone through periods of explosive inflows followed by outflows that were just as strong," they said, adding that ETF demand is now being shaped by the same forces affecting other institutional assets, including liquidity, rates and risk appetite. They noted that bitcoin held in ETFs and corporate treasuries remains largely passive, making yield and liquidity infrastructure increasingly important for investors who want to manage holdings without exiting positions.
Ether ETFs Post $27.60 Million Net Redemptions Through Blackrock's ETHA
Ether ETFs posted $27.60 million in net outflows on Tuesday, entirely through Blackrock's ETHA. No ether ETF recorded an inflow during the session. Total ether ETF value traded stood at $379.51 million, with net assets closing at $8.33 billion.
Altcoin ETFs See Outflows Across XRP, Solana and HYPE Products
HYPE ETFs recorded a $3.01 million outflow, entirely from 21Shares' THYP. Total value traded was $10.98 million, while net assets closed at $325.29 million.
XRP ETFs posted a net outflow of $2.83 million. Bitwise's XRP product saw a $5.82 million outflow, while Canary's XRPC brought in $2.99 million. Total XRP ETF value traded came in at $9.23 million, and net assets closed at $944.06 million.
Solana ETFs recorded a $2.50 million outflow, entirely through Bitwise's BSOL. Total value traded reached $69.30 million, while net assets closed at $848.03 million.
June Sets Record as Worst Month for U.S. Bitcoin ETFs With $4.5 Billion in Outflows
June closed as the worst month ever for U.S. spot bitcoin ETFs. The category recorded $4.5 billion in total outflows across nine days of redemptions. Blackrock's IBIT alone accounted for $3.55 billion in exits during the month.
FAQ
What was the total bitcoin ETF outflow on Tuesday?
Bitcoin ETFs recorded $222.64 million in net outflows on Tuesday, with Blackrock's IBIT losing $212.45 million and Fidelity's FBTC losing $10.20 million. No bitcoin ETF registered inflows during the session.
How much did ether ETFs lose on Tuesday?
Ether ETFs posted $27.60 million in net outflows on Tuesday, entirely through Blackrock's ETHA. Total ether ETF net assets closed at $8.33 billion.
What made June the worst month for bitcoin ETFs?
June recorded $4.5 billion in total outflows for U.S. spot bitcoin ETFs across nine days of redemptions, with $3.55 billion leaving Blackrock's IBIT alone, making it the worst month on record for the category.
