US-listed spot Bitcoin ETFs recorded their largest daily net outflows of June on Thursday as Bitcoin fell below $60,000.
The funds shed $696.3 million, surpassing the previous monthly high. June's total outflows now stand at $3.61 billion, pushing year-to-date net outflows to $4.6 billion.
Total net assets in these ETFs have fallen below $73 billion for the first time since late 2024, a decline of roughly 57% from their October 2025 peak of $169.5 billion. The drop reflects both recent outflows and a significant fall in Bitcoin's price.
The outflows coincide with a slowdown in institutional demand. Strategy, the world's largest corporate Bitcoin holder, has sharply reduced its accumulation pace.
The company bought roughly 3,600 Bitcoin so far in June, down from about 25,000 BTC in May. This slowdown has fueled debate over its buying model and risk management.
Strategy's perpetual preferred stock, STRC, has also come under pressure, trading well below its intended $100 level.