Bitcoin spot ETFs have seen net outflows of $4.4 billion in recent months, turning into net redemptions year-to-date.

CoinFeed reported on June 4th that, according to Bloomberg, US ETFs tracking Bitcoin have experienced a net outflow of approximately $4.4 billion over the past month, turning the year-to-date flow from net inflows to net redemptions. Despite the significant overall pullback, a few products, including IBIT, have maintained net inflows this year. Since its inception, Bitcoin ETFs have seen a cumulative net inflow of approximately $55 billion, less than $10 billion below their all-time high. Even amidst the current price correction and weakening sentiment, their overall asset size remains significantly higher than that of traditional commodity ETFs during similar pullback cycles.