{"id":444,"date":"2026-06-26T14:04:39","date_gmt":"2026-06-26T14:04:39","guid":{"rendered":"https:\/\/1stblock.info\/?p=444"},"modified":"2026-06-26T14:04:40","modified_gmt":"2026-06-26T14:04:40","slug":"bitcoin-etfs-post-record-691m-daily-outflow-as-two-day-bleed-surpasses-1-16b","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=444","title":{"rendered":"Bitcoin ETFs post record $691M daily outflow as two-day bleed surpasses $1.16B"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">U.S. spot Bitcoin ETFs shed <strong>$691 million<\/strong> on June 25, the largest single-day outflow of the month, <em>per Farside Investors data<\/em>, surpassing the previous session&#8217;s <strong>$469 million<\/strong> and pushing the two-day total to more than <strong>$1.16 billion<\/strong> \u2014 the heaviest back-to-back redemption stretch since the category&#8217;s January 2024 launch.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The outflows accelerated as <strong>BTC<\/strong> extended its decline, briefly touching <strong>$58,000<\/strong> during Thursday&#8217;s session \u2014 a level last seen in September 2024 \u2014 before recovering to approximately <strong>$59,400\u201360,000<\/strong> by Friday morning. Total crypto liquidations over the same 24-hour window reached another <strong>$1 billion<\/strong>, with long positions accounting for over <strong>$845 million<\/strong>, <em>per CoinGlass data<\/em>. Daily trading volume jumped to <strong>$105 billion<\/strong>, up from <strong>$98 billion<\/strong> the prior session, driven primarily by forced position closures rather than fresh demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The sustained outflow pressure follows a record 13-day, <strong>$4.4 billion<\/strong> bleed between mid-May and early June, then a brief stabilization, and now a renewed wave. The pattern raises questions about whether the category&#8217;s institutional base is repositioning structurally or simply de-risking alongside broader equity weakness. <strong>BlackRock<\/strong>&#8216;s <strong>IBIT<\/strong> has remained the single largest contributor to both outflows and any partial recovery \u2014 an asymmetry analysts describe as a &#8220;winner-take-most&#8221; dynamic that makes the category&#8217;s headline flow figure unusually IBIT-dependent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The macro environment offers little near-term relief. U.S. PCE inflation for May printed at <strong>3.4%<\/strong> year-over-year, the highest since October 2023, leaving Federal Reserve rate-cut expectations compressed heading into Q3. The dollar index has strengthened to its highest level since May 2025. Gold is down more than <strong>6%<\/strong> year-to-date and more than <strong>28%<\/strong> below its January record, as the debasement trade narrative that supported both metals and <strong>BTC<\/strong> throughout 2025 has largely unwound.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Coinbase Premium Index has remained negative for <strong>46 consecutive days<\/strong>, its longest unbroken streak on record, indicating that U.S.-linked spot demand continues to lag offshore markets. Fear &amp; Greed sits at <strong>13 out of 100<\/strong>. Today, a <strong>$10.5 billion<\/strong> quarterly <strong>BTC<\/strong> options expiry is scheduled, with max pain positioned at <strong>$74,000<\/strong> \u2014 roughly <strong>$14,000<\/strong> above spot. <em>Analysts at Bitfinex<\/em> note the gap is too wide for traditional max pain mechanics to exert gravitational influence, reducing the likelihood of a squeeze and increasing the probability of a clean directional resolution post-expiry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot Bitcoin ETFs shed $691 million on June 25, the largest single-day outflow of the month, per<\/p>\n","protected":false},"author":2,"featured_media":445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eft"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=444"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/444\/revisions"}],"predecessor-version":[{"id":446,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/444\/revisions\/446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/445"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}