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Bitcoin ETFs Lose $696M In Single Day As BTC Sinks Below $60K

Reported by Coinmarketcap
Jun 26, 2026· 3 min read
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Key Takeaways
  • • US spot Bitcoin ETFs recorded their largest single-day outflow of June 2026 on June 25, shedding $696.3 million as Bitcoin fell below $60,000, with the asset briefly touching $58,200 before recovering to $59,890.
  • • Total net assets in US spot Bitcoin ETFs plummeted to $72.6 billion as of June 26, 2026—their lowest level since late 2024 and down approximately 57% from the October 2025 peak of $169.5 billion, reflecting both recent outflows and a roughly 50% decline in Bitcoin's price.
  • • June 2026 cumulative ETF outflows reached $3.61 billion, with year-to-date net outflows totaling $4.6 billion, surpassing the previous monthly high of $519.2 million recorded on June 2.
  • • Bitcoin ETF holdings decreased by approximately 63,500 BTC over the prior 30 days, with combined fund holdings at 1.24 million BTC as of June 23, 2026, according to WalletPilot data.
  • • The selloff coincided with sharp declines in Asian equity markets on June 26—South Korea's Kospi dropped more than 8% (triggering circuit breakers), Japan's Nikkei fell 4.9%, and Hong Kong's Hang Seng slid 2.3%—alongside persistent inflation concerns, with US core PCE rising 3.4% year-over-year in May, keeping Federal Reserve rate hike scenarios in play.
Summary
US spot Bitcoin ETFs experienced their most severe single-day outflow in June 2026 on June 25, losing $696.3 million as Bitcoin declined below the $60,000 psychological support level. Bitcoin briefly traded at $58,200 before a modest recovery to $59,890 by late evening, according to The Block's price data. This outflow exceeded the previous June peak of $519.2 million on June 2 and reflects accelerating redemptions from institutional and retail investors amid deteriorating market conditions.

The broader deterioration in Bitcoin ETF assets underscores the magnitude of the recent downturn. Total net assets fell to $72.6 billion as of June 26, 2026—their lowest level since late 2024—representing a 57% decline from the October 2025 record of $169.5 billion. The dual pressure of redemptions and price depreciation has compressed fund values significantly, with Bitcoin's roughly 50% price retreat from its peak accounting for a substantial portion of the asset base reduction. WalletPilot data indicates that Bitcoin ETF holdings declined by approximately 63,500 BTC over the trailing 30 days, with combined funds holding 1.24 million BTC as of June 23, 2026.

June 2026 has emerged as a particularly challenging month for spot Bitcoin ETFs, with cumulative outflows reaching $3.61 billion and bringing year-to-date net redemptions to $4.6 billion. This sustained outflow pattern suggests investor caution regarding cryptocurrency exposure amid broader economic headwinds.

The Bitcoin selloff occurred in tandem with significant equity market weakness across Asia on June 26, 2026. South Korea's Kospi index plummeted more than 8% and activated circuit breaker halts, while Japan's Nikkei 225 declined 4.9% and Hong Kong's Hang Seng fell 2.3%. According to research from Presto Research, Bitcoin has been trading in lockstep with equities, particularly pressured during the Asia trading session. Concurrent inflation data added to risk-off sentiment: the US Personal Consumption Expenditures price index rose 4.1% year-over-year in May, with core PCE climbing to 3.4%, maintaining the possibility of Federal Reserve interest rate increases this year and supporting a risk-averse investment posture across alternative assets.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Coinmarketcap Bitcoin ETFs Lose $696M In Single Day As BTC Sinks Below $60K