US Bitcoin ETFs see largest June outflow of $696M amid Strategy's $13B paper losses and STRC stock pressure
US spot Bitcoin ETFs experienced their biggest single-day withdrawal in June, losing $696.3 million and pushing total ETF outflows in 2025 to $4.6 billion. ETF net assets have dropped about 57% from their October 2025 peak of $169.5 billion, now below $73 billion. Strategy, the largest corporate Bitcoin holder, slowed its BTC purchases in June and faces over $13 billion in unrealized losses on 844,000 BTC acquired at an average cost of $75,600. Its preferred stock, STRC, is trading 27% below par, raising concerns about its financing approach ahead of a key dividend adjustment on June 30. Bitcoin remains near $60,240 as investors watch for further market moves.
US spot Bitcoin ETFs experienced their biggest single-day withdrawal in June, losing $696.3 million and pushing total ETF outflows in 2025 to $4.6 billion. ETF net assets have dropped about 57% from their October 2025 peak of $169.5 billion, now below $73 billion. Strategy, the largest corporate Bitcoin holder, slowed its BTC purchases in June and faces over $13 billion in unrealized losses on 844,000 BTC acquired at an average cost of $75,600. Its preferred stock, STRC, is trading 27% below par, raising concerns about its financing approach ahead of a key dividend adjustment on June 30. Bitcoin remains near $60,240 as investors watch for further market moves.
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