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Bitcoin Slides Toward $61K as U.S. Spot ETF Outflows Breach $5 Billion

6/9/2026

$BTC is pressing toward $61,000 as U.S.-listed spot Bitcoin ETF products have shed more than $5 billion over the past four weeks, marking one of the steepest sustained withdrawal streaks since the products launched.

strikes on Iran have compounded the selling pressure, rattling broader risk markets and accelerating the drawdown.

ETF Outflows Signal Sustained Institutional Retreat The four-week bleed in spot Bitcoin ETFs is notable not for any single session but for its persistence.

More than $5 billion in cumulative outflows across the U.S.-listed product suite represents a prolonged, deliberate exit rather than a one-day spike — the kind of pattern that typically reflects institutional repositioning rather than retail panic.

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