US Spot Bitcoin ETF Trading Volume Falls 78% From Peak to $960 Million a Day
Trading volume in U.S. spot Bitcoin exchange-traded funds has fallen 78% from its October 2025 peak, underscoring a sharp cooling in crypto demand from traditional markets as redemptions continue. Glassnode data showed the 30-day average at $960 million a day, down from $4.4 billion. The funds recorded another $140.85 million of net outflows on June 11 and had already lost $2.97 billion over 10 straight days of withdrawals that Wintermute said, rather than Strategy's Bitcoin sale, pushed Bitcoin below $62,000.
The slowdown extends weakness that earlier this week sent Bitcoin to a two-year low. Glassnode said trading volume across Bitcoin treasury stocks also fell from $34.2 billion a day to $17.4 billion over six months, reinforcing signs that speculative demand from traditional financial markets has been fading, while CoinShares' James Butterfill said recent crypto outflows reflect a "pure sentiment shock rather than a structural break" tied to geopolitical tensions and shifting rate expectations.
From the sources (17 posts)
@theblockcoUS Bitcoin ETFs log further outflows, though analyst sees signs of easing selling pressure
@theblockco'Stuck in distribution': Bitcoin slips below $63,000 as analysts warn rallies are being sold, not bought
@theblockcoRT @JeSuisNaga: Bitcoin is back below $63,000 after Monday's brief bounce ran out of steam. Bitfinex analysts says the market is "stuck in…
@coindeskANALYSIS: Bitcoin's bounce from below $60K is a relief rally, not a regime shift, analysts say $BTC needs to reclaim $79K - $80K to signal a new advance. Wednesday's CPI print and ETF flows are key near-term catalysts.
@coinmarketcapLATEST: 📊 Bitcoin is once again trading below $63,000, with Bitfinex analysts saying ETF outflows remain the key pressure point.
@wublockchainWintermute Says No Clear Signs of Capital Returning, Market Bottom Yet to Be Confirmed Wintermute said the recent BTC decline was driven mainly by U.S. institutional selling and ETF outflows rather than Strategy’s sale of 32 BTC. The fir
@coinmarketcapLATEST: 📊 US spot Bitcoin ETFs have shed nearly $5B since mid-May, though four funds posted net inflows on June 8 as Ethereum ETFs gained $82.4M the same day.
@lookonchainJune 9 Update: #Bitcoin ETFs: 1D NetFlow: -2,172 $BTC(-$133.46M)🔴 7D NetFlow: -21,207 $BTC(-$1.3B)🔴 #Ethereum ETFs: 1D NetFlow: +32,722 $ETH(+$47.84M)🟢 7D NetFlow: -42,341 $ETH(-$61.9M)🔴
@lizthomasstratCrypto woes: Bitcoin is at 2-year lows and Ethereum is at 4-year lows. Both are stuck below key moving averages and are not responding to oversold conditions. Tech under pressure is also not helping.
@kevrgordonMax drawdown for #Bitcoin now approaching -51%
@coinmarketcapLATEST: 📊 Wintermute says ETF outflows, not Strategy's BTC sale, drove Bitcoin below $62K, with US spot funds losing $2.97B across 10 straight days of redemptions.
@coinmarketcapLATEST: 📊 Recent crypto outflows are a "pure sentiment shock rather than a structural break," driven by geopolitical tensions and shifting rate expectations, says CoinShares' James Butterfill.
@lookonchainBlackRock continues to see $BTC and $ETH outflows. BlackRock just deposited 2,402 $BTC($151.4M) and 12,679 $ETH($21.06M) to Coinbase Prime.
@kalshi_cryptoJUST IN: BlackRock just deposited $172M worth of Bitcoin and Ethereum to Coinbase Prime
@lookonchainJune 11 Update: #Bitcoin ETFs: 1D NetFlow: -2,241 $BTC(-$140.85M)🔴 7D NetFlow: -10,818 $BTC(-$679.98M) #Ethereum ETFs: 1D NetFlow: -42,395 $ETH(-$69.91M)🔴 7D NetFlow: -10,386 $ETH(-$17.13M)🔴
@wublockchainGlassnode: Spot Bitcoin ETF Trading Volume Down 78% From Peak According to Glassnode data, the 30-day moving average trading volume of U.S. spot Bitcoin ETFs has fallen from $4.4 billion per day in October 2025 to just $960 million per day
@cointelegraph🚨 UPDATE: Trading volume across Bitcoin treasury stocks fell from $34.2B/day to $17.4B/day in six months, per Glassnode.