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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid a continued correction in crypto markets, US spot Bitcoin ETFs saw $696.3 million in outflows on June 26, 2026, the largest single-day outflow of the month, according to Cointelegraph data. The selling accelerated after Bitcoin's price slipped below the $60,000 threshold, bringing year-to-date losses to $4.6 billion. The move reflects growing bearish sentiment among ETF investors.
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Sign InThe outflows come as digital assets face broad selling pressure, with Bitcoin losing key support levels. Analysts note that accumulated losses since the start of the year are keeping investors cautious, particularly in the absence of near-term catalysts. The close correlation between Bitcoin and traditional markets is also amplifying volatility.
Bitcoin is currently trading below the $60,000 mark, a psychologically important support zone. If selling pressure persists, the next technical support could be around $55,000. Traders are watching for any regulatory developments or shifts in broader risk appetite. No major crypto-specific economic events are scheduled for the week ahead.