Bitcoin ETF

Galaxy

Bitcoin

Billion

<h2 id="a-record-losing-streak-comes-to-a-quiet-end">A Record Losing Streak Comes to a Quiet End</h2>
<p>US spot Bitcoin (<a href="https://x.com/search?q=%24BTC&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$BTC</a>) ETFs broke a punishing run of outflows on Thursday, June 5, but the recovery was barely a whisper. The funds recorded a net inflow of just $3.05 million, ending what had become a record 13-day streak of redemptions that wiped more than $4.4 billion from the category since mid-May. <cite>U.S. spot bitcoin ETFs ended a record 13-day streak of outflows with a $3.05 million net inflow after more than $4.4 billion in redemptions since mid-May.</cite></p>
<p>To put the number in context: $3.05 million is smaller than any single outflow day during the streak that preceded it. <cite>The funds had recorded 13 consecutive days of net outflows from May 15 to June 3, shedding $4.33 billion and 59,351 BTC over that span, according to Galaxy Research.</cite> The selling marked a sharp reversal from April, which had been the funds' strongest month of 2026.</p>
<h2 id="ibit-carried-the-day-others-did-not-follow">IBIT Carried the Day; Others Did Not Follow</h2>
<p>The slim positive print on Thursday masked a deeply uneven picture beneath the surface. <cite>Bitcoin ETFs recorded a net inflow of $3.05 million, with the gain driven by <a href="https://x.com/BlackRock" rel="noopener noreferrer nofollow">@BlackRock</a>'s IBIT, which added $47.66 million, and Morgan Stanley's MSBT, which brought in $9.87 million.</cite> Funds from Fidelity, Bitwise, and Ark continued to post outflows, offsetting most of IBIT's contribution and leaving the sector's net figure barely above zero.</p>
<p><cite>The selling marked a sharp reversal from April, the funds' strongest month of 2026, when inflows hit $1.97 billion.</cite> The scale of the drawdown over the full streak was significant in coin terms as well. <cite>Galaxy Research found the 20-day trailing window reached $5.42 billion and 73,080 BTC, the heaviest reading ever in both measures.</cite></p>
<p><cite>Despite the headline-grabbing outflows, lifetime Bitcoin ETF inflows since January 2024 still exceed $55 billion, according to Bloomberg ETF analyst Eric Balchunas.</cite> Whether Thursday's fragile green day marks a genuine turning point or simply a pause in selling pressure remains to be seen. <cite>The first signal to watch is whether the outflow streak stays broken. One positive day is helpful, but two or three consecutive inflow days would be more convincing.</cite></p>
<p><strong>Sources</strong><br><a href="https://www.coindesk.com/markets/2026/06/05/bitcoin-and-ether-etfs-end-record-multi-billion-outflow-streak" rel="noopener noreferrer nofollow">CoinDesk: Bitcoin and Ether ETFs End Record Multibillion Outflow Streak</a><br><a href="https://news.bitcoin.com/blackrock-ends-bitcoin-etf-selloff-as-ibit-pulls-in-48m-after-13-red-days/" rel="noopener noreferrer nofollow">Bitcoin.com News: BlackRock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days</a><br><a href="https://beincrypto.com/bitcoin-etf-outflows-record-streak-june-2026/" rel="noopener noreferrer nofollow">BeInCrypto: Bitcoin ETF Outflows Hit 13-Day Streak as $4.3 Billion Exits the Funds</a></p>

Bitcoin ETFs snap a $4.4B bleed with the thinnest possible inflow

Table of Contents

BSCN

Other articles published on Jun 5, 2026

Join our free newsletter for daily crypto updates!