Bitcoin ETFs Just Had Their Darkest Week Yet

In Brief

• Spot Bitcoin ETFs recorded a record $1.72 billion in weekly outflows.
• The withdrawals extend a four-week streak of net outflows.
• ETF demand has weakened as Bitcoin undergoes a sharp correction.

Add TechGaged as your preferred source on Google

See more TechGaged stories across Google News and Discover.

Bitcoin (BTC)’s brutal correction is now hitting one of the market’s most important demand engines. Spot Bitcoin exchange-traded funds (ETFs) recorded their worst week since launch, as investors pulled billions of dollars and BTC slipped toward the $60,000 level. The outflow streak comes as the crypto market struggles with heavy liquidations and growing uncertainty across risk assets.

Bitcoin ETFs Post Record $1.72 Billion Weekly Outflow

According to the latest data from SoSoValue retrieved on June 8, U.S. spot Bitcoin ETFs recorded $1.72 billion in net outflows during the past week. The figure marks the largest weekly withdrawal since the products launched and extends a four-week losing streak that has erased billions from the sector.

*Bitcoin ETF flow data. Source: SoSoValue*

The chart shows that weekly flows have deteriorated sharply in recent weeks. After periods of strong inflows throughout much of 2025, sentiment flipped decisively negative as Bitcoin entered its latest correction.

Bitcoin Slides Toward $60K as Institutions Retreat

The ETF retreat has coincided with one of Bitcoin’s weakest stretches in months. BTC traded near $60,300 according to the latest data and briefly dipped below the key $60,000 support area during the broader market selloff.

Just days ago, Bitcoin traded above $73,000. Since then, consecutive waves of selling have pushed the asset down by more than 17%, triggering billions in liquidations across the crypto market.

Currently, BTC is trading at the price of $63,539.07, up 1.7% in the last 24 hours, down 12.7% over the week, and losing 20.8% across the past month, per the latest chart information on June 8.

Bitcoin price 7-day chart. Source: CoinGecko

Though ETF flows aren’t the only factor behind the decline, they remain one of the most closely watched indicators of institutional demand. Throughout much of 2024 and 2025, strong ETF inflows helped fuel Bitcoin’s rally and supported higher prices.

The reverse appears to be happening now. As capital exits the funds, Bitcoin faces an additional source of selling pressure at a time when market confidence is already fragile.

Investors will be watching closely to see whether the outflow streak finally breaks next week. If withdrawals continue at this pace, ETF demand could shift from a major tailwind into one of the biggest headwinds Bitcoin has faced since spot products first entered the market.

How do you rate this article?