Bitcoin ETFs snap a $4.4B bleed with the thinnest possible inflow

A Record Losing Streak Comes to a Quiet End

US spot Bitcoin ($BTC) ETFs broke a punishing run of outflows on Thursday, June 5, but the recovery was barely a whisper. The funds recorded a net inflow of just $3.05 million, ending what had become a record 13-day streak of redemptions that wiped more than $4.4 billion from the category since mid-May. U.S. spot bitcoin ETFs ended a record 13-day streak of outflows with a $3.05 million net inflow after more than $4.4 billion in redemptions since mid-May.

To put the number in context: $3.05 million is smaller than any single outflow day during the streak that preceded it. The funds had recorded 13 consecutive days of net outflows from May 15 to June 3, shedding $4.33 billion and 59,351 BTC over that span, according to Galaxy Research. The selling marked a sharp reversal from April, which had been the funds' strongest month of 2026.

IBIT Carried the Day; Others Did Not Follow

The slim positive print on Thursday masked a deeply uneven picture beneath the surface. Bitcoin ETFs recorded a net inflow of $3.05 million, with the gain driven by @BlackRock's IBIT, which added $47.66 million, and Morgan Stanley's MSBT, which brought in $9.87 million. Funds from Fidelity, Bitwise, and Ark continued to post outflows, offsetting most of IBIT's contribution and leaving the sector's net figure barely above zero.

The selling marked a sharp reversal from April, the funds' strongest month of 2026, when inflows hit $1.97 billion. The scale of the drawdown over the full streak was significant in coin terms as well. Galaxy Research found the 20-day trailing window reached $5.42 billion and 73,080 BTC, the heaviest reading ever in both measures.

Despite the headline-grabbing outflows, lifetime Bitcoin ETF inflows since January 2024 still exceed $55 billion, according to Bloomberg ETF analyst Eric Balchunas. Whether Thursday's fragile green day marks a genuine turning point or simply a pause in selling pressure remains to be seen. The first signal to watch is whether the outflow streak stays broken. One positive day is helpful, but two or three consecutive inflow days would be more convincing.

Sources
CoinDesk: Bitcoin and Ether ETFs End Record Multibillion Outflow Streak
Bitcoin.com News: BlackRock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days
BeInCrypto: Bitcoin ETF Outflows Hit 13-Day Streak as $4.3 Billion Exits the Funds