Skip to navigationSkip to main contentSkip to right columnCryptoProwlMon, June 29, 2026 at 3:52 PM GMT+2 1 min readExchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) are on track for their worst month on record in June. As of June 29, Bitcoin ETFs had recorded $4.06 billion U.S. in net outflows, the largest monthly redemptions on record.The previous record redemption was $3.56 billion U.S. seen in February 2025.More From Cryptoprowl:Ripple, The Company Behind XRP, Is Valued At $50 BillionEightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares SurgeBlockchain Projects Decline 75% As Developers Shift To A.I.Stanley Druckenmiller Says Stablecoins Could Reshape Global FinanceNew York Stock Exchange Invests $600 Million In PolymarketLast week, about a dozen Bitcoin ETFs listed on U.S. exchanges saw redemptions of $1.79 billion U.S., the second-highest weekly outflow since trading began in January 2024. The continued outflows from Bitcoin ETFs run counter to expectations for a rebound following the initial public offering (IPO) of SpaceX (NASDAQ: $SPCX) on June 12.Spot ETFs serve as a barometer for investors' crypto demand. Many investors, particularly institutions, like that the ETFs provide Bitcoin exposure without having to own the asset. June's outflows followed $2.43 billion U.S. in redemptions this May, bringing the two-month total close to $6.50 billion U.S. Analysts say the situation reflects a collapse in demand among institutional investors. Bitcoin is currently trading at $59,350 U.S., near a two-year low. Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info