BlockBeats news, on June 21, according to Galaxy Research data, U.S.-listed spot Bitcoin ETFs recorded approximately $6.35 billion in net outflows over the past 30 trading days, marking the largest 30-day capital outflow since their launch in January 2024, indicating a clear cooling in institutional investor sentiment.
Data shows that Bitcoin ETFs have experienced net outflows for six consecutive weeks, reducing cumulative net inflows to approximately $53.4 billion, a significant decline from the peak in October 2025. Galaxy Research notes that daily outflows continue to widen.
Market participants believe the outflow of funds may reflect a decline in institutional investors' short-term risk appetite for Bitcoin. Meanwhile, Bitcoin's price has fallen approximately 17% over the past month to around $64,167, pressured by rising macroeconomic inflation and geopolitical tensions.
However, a representative from BlackRock stated that ETF fund flows are influenced by multiple factors, and single-day or short-term outflows do not necessarily indicate a change in long-term trends, emphasizing that the company still views Bitcoin as a global decentralized asset class.