Bitcoin ETF Net Outflows Hit $4 Billion in June as Funds Shift to AI Trading and SpaceX IPO

According to CoinDesk, U.S. spot Bitcoin ETFs saw net outflows of $4 billion in June, with BlackRock's IBIT leading the exodus as investors redirected capital to AI trading and SpaceX IPO opportunities. Bitcoin declined approximately 14% in the second quarter, falling below $60,000 and marking the third consecutive quarterly loss.

Simultaneously, the private credit market faced heightened redemption pressure, with $15.6 billion in withdrawal requests during Q2. Among 16 business development companies, 10 exceeded their 5% quarterly redemption threshold, leaving many investors only partially satisfied with redemption payouts. The parallel outflows across Bitcoin ETFs and private credit vehicles signal broader market concerns about liquidity and risk appetite.