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Bitcoin Slides 3% to $61,418 as Spot ETF Outflows Extend Into Third Day

6/16/2026

Bitcoin changed hands near $61,418 after posting a roughly 3% decline on the day, with the broader digital-asset market moving lower in tandem.

Ether traded around $1,631 as selling pressure spread beyond $BTC, hitting altcoins with greater force.

ETF Flows Turn Headwind for Third Straight Session Spot Bitcoin ETF products recorded net outflows for a third consecutive day, adding sustained redemption pressure to an already softening tape.

Three days of consecutive outflows marks a meaningful shift in short-term sentiment for instruments that had drawn consistent institutional inflows in earlier weeks.

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