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. By comparison, these same funds had accumulated $56.6 billion in cumulative net inflows over their first two years of existence. June 2026 was particularly difficult with $4.5 billion in outflows, the largest single-month exit on record for these products. BlackRock’s IBIT contributed significantly to this trend, with $1.34 billion in redemptions in just one week. Analysts attribute the outflows to Bitcoin’s price performance and growing competition from AI-related assets.
Source: Read the original article
