The net asset value of US spot Bitcoin ETFs has fallen back to the level seen in early November 2024 when Trump wins the election.
CoinFeed reported on June 10th that, according to CoinDesk, the net asset value of US spot Bitcoin ETFs has fallen to $77.58 billion, returning to levels seen after Trump's election victory in November 2024. Despite significant improvements in the regulatory environment since Trump took office—the SEC rescinding several enforcement actions, the establishment of a strategic Bitcoin reserve in the US, and the Clarity Act progressing—ETF assets have still halved from their all-time peak of $169.54 billion in October 2025. Over the past four weeks, Bitcoin ETFs have experienced net outflows exceeding $5 billion. Since their inception, cumulative net inflows have decreased by approximately $9 billion from the all-time high of $62.77 billion in October 2025 to $53.77 billion, the lowest level since August of last year.