Bitcoin Declines as U.S. Spot ETF Outflows Reach New Highs

U.S. spot bitcoin exchange-traded funds (ETFs) have experienced record outflows over a ten-day period, contributing to continued price pressures on Bitcoin. Meanwhile, global equity markets rallied, buoyed by enthusiasm for artificial intelligence stocks.

Jun 1, 2026, 9:17 AM - Source: CoinDesk

During the last ten trading days through Friday, U.S. spot bitcoin ETFs registered approximately $2.97 billion in outflows, marking the most extended outflow streak recorded for these financial products. This persistent withdrawal of funds has been accompanied by a downturn in Bitcoin prices.

Additional market stress came from a rise in oil prices following delays in negotiations related to the Iran deal. In contrast, global equities saw strong performance, largely attributed to investor optimism surrounding advancements in artificial intelligence, particularly from major companies like Nvidia and SoftBank.

Analysts are watching whether continued ETF outflows may signal broader investor caution toward Bitcoin, especially in a climate where traditional equities and AI-related investments are drawing increased attention. Market participants are advised to monitor flows and related macroeconomic factors as these trends develop.

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Original source link: https://www.coindesk.com/markets/2026/06/01/bitcoin-extends-slide-as-spot-etf-outflows-hit-a-record-while-wall-street-rips-on-ai

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