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Markets

Bitcoin funds see record $1.44 B weekly outflow

Published 1 June 2026

Investors withdrew a record $1.44 billion from Bitcoin-focused investment products last week, driving a broader exodus from digital asset funds as geopolitical concerns and shifting macroeconomic conditions dampened sentiment. The outflow from Bitcoin funds was the largest single-week exit of 2026, according to data from CoinShares, and contributed to total outflows of $1.67 billion from crypto exchange-traded products globally.

This marks the third consecutive week of net withdrawals, bringing the cumulative three-week outflow to $4.21 billion. Total assets under management for these products fell to $141 billion, their lowest level since early April. Analysts noted the pattern resembles a five-week streak of outflows seen between January and February.

James Butterfill, head of research at CoinShares, attributed the sustained selling to a risk-off sentiment linked to developments involving Iran, which he said has overshadowed any supportive momentum from legislative progress on the Clarity Act in the United States. The data indicates a significant pullback in institutional demand following several weeks of pressure across cryptocurrency markets.

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