The United States spot Bitcoin ( BTC ) ETFs (exchange-traded funds) recorded the largest monthly cash outflows since their inception in June 2026. The Bitcoin ETFs closed last month with a total cash outflow of $4.51 billion. As such, these funds had a total net asset value of approximately $70.95 billion, according to data from SoSoValue, as analyzed by Finbold on July 1. BTC ETFs monthly flow. Source: SoSoValue Consequently, the U.S. Bitcoin ETFs have liquidated $6.94 billion over the past two months. Notable outflows from these baskets of securities were driven by BlackRock’s iShares Bitcoin Trust ( IBIT ). IBIT monthly flow. Source: SoSoValue In June, BlackRock’s IBIT posted a net outflow of $3.55 billion, bringing its BTC holdings to $43.02 billion at press time. Over the past two months, BlackRock’s IBIT recorded a net cash outflow of $4.96 billion. Meanwhile, Fidelity Wise Origin Bitcoin Fund ( FBTC ) closed last month with a net cash outflow of about $456.63 million. As a result, Fidelity’s FBTC closed the second quarter with a net cash outflow of approximately $903.17 million. Why are the U.S. Bitcoin ETFs bleeding? Bitcoin ETFs closed last month and the second quarter with notable outflows amid strong demand for AI stocks , as Finbold explained . Furthermore, June saw more investors rush into Space Exploration Technologies Corp.’s (NASDAQ: SPCX ) initial public offering (IPO). BTC price outlook Amid the notable cash outflows in Bitcoin ETFs, the flagship coin fell more than 19% over the past 30 days, trading at about $58,640 at the time of reporting. BTC/USD 30-day chart. Source: Finbold Nonetheless, BTC’s price has retested a crucial multi-month support level amid aggressive accumulation by whale investors over the past two months, as Finbold noted . As such, the asset’s price could rebound in July if Bitcoin ETFs begin to build positions again. The post Bitcoin ETFs record the largest monthly outflow ever appeared first on Finbold .