coin-img-ETHETH+5.25%coin-img-BTCBTC+2.57%coin-img-SOLSOL+5.57%coin-img-XRPXRP+6.18%coin-img-USDCUSDC+0.01%coin-img-TONCOINTONCOIN+18.36%coin-img-HYPEHYPE+1.42%coin-img-TRXTRX+1.79%coin-img-ETHETH+5.25%coin-img-BTCBTC+2.57%coin-img-SOLSOL+5.57%coin-img-XRPXRP+6.18%coin-img-USDCUSDC+0.01%coin-img-TONCOINTONCOIN+18.36%coin-img-HYPEHYPE+1.42%coin-img-TRXTRX+1.79%coin-img-ETHETH+5.25%coin-img-BTCBTC+2.57%coin-img-SOLSOL+5.57%coin-img-XRPXRP+6.18%coin-img-USDCUSDC+0.01%coin-img-TONCOINTONCOIN+18.36%coin-img-HYPEHYPE+1.42%coin-img-TRXTRX+1.79%coin-img-ETHETH+5.25%coin-img-BTCBTC+2.57%coin-img-SOLSOL+5.57%coin-img-XRPXRP+6.18%coin-img-USDCUSDC+0.01%coin-img-TONCOINTONCOIN+18.36%coin-img-HYPEHYPE+1.42%coin-img-TRXTRX+1.79%

Bitcoin slips below $60,000; spot BTC ETFs extend outflow streak to 13 sessions

Bitcoin fell through $60,000 on Friday, marking its lowest level since October 2024. Spot bitcoin ETFs have posted 13 straight trading days of net outflows since May 15, totaling $4.4 billion, according to Wallet Pilot. BlackRock's IBIT represented $3.3 billion, about 75% of the total, while Fidelity's FBTC saw $456 million in outflows. On-chain data also points to heavier selling pressure: whale deposits to Binance more than doubled, with 8,200 BTC sent on June 2 and 6,400 BTC on June 4. Higher bond yields and a broader shift into risk-off positioning are weighing on the market.
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