Strategy · Bitcoin · Bitcoin.com News
Without clear signs of fresh inflows, and with macro conditions still difficult
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week….
Key facts
- Total redemptions reached about $2.97 billion during the run, leaving May with $2.43 billion in net outflows, the weakest month of 2026
- Bitcoin ’s sharp fall below $62,000 was driven less by Strategy’s symbolic sale of 32 BTC and more by weakening institutional flows, according to Wintermute
- The U.S. added 172,000 jobs in May, compared with expectations of about 80,000, while April was revised up to 179,000 from 115,000
- The Nasdaq fell 4.7%, while the S&P 500 posted its first weekly loss since March
Summary
Wintermute said bitcoin ’s latest decline was driven mainly by U.S. institutional selling and ETF outflows, not Strategy’s small BTC sale. Wintermute said exchange-traded fund (ETF) outflows, not Strategy’s 32 BTC sale, drove bitcoin below $62,000. U.S. spot Bitcoin ETFs lost $2.97B in 10 days, signaling weaker institutional demand. Wintermute sees accumulation near $62K but says fresh inflows must return to confirm a bottom. Bitcoin ’s sharp fall below $62,000 was driven less by Strategy’s symbolic sale of 32 BTC and more by weakening institutional flows, according to Wintermute.