Bitcoin hits new 2026 lows amid ETF outflows and bearish options expiry
Key Facts
Amid persistent weakness in US stocks and rising risk aversion, Bitcoin has fallen to a new 2026 low. The decline was driven by continued outflows from spot Bitcoin ETFs, a bearish monthly options expiry, and widening unrealized losses at Strategy (formerly MicroStrategy), according to reports.
Shares of Strategy (MSTR) closed at $94.13 on June 24, down from a high of $102.97 in the prior session, per market data. The drop coincided with a widening performance gap between Bitcoin and AI-linked stocks, signaling a shift in investor preference away from digital assets.
Traders are watching continued spot ETF outflows as a key determinant for the next move, with potential to test lower support levels if selling pressure persists.