Grayscale Bitcoin Trust (GBTC) experienced significant outflows. This aligned with a broader trend of withdrawals from spot Bitcoin ETFs. Reports on June 12, 2026, showed GBTC recorded an $87.91 million outflow. This occurred for the trading day of June 10. This contributed to a multi-day losing streak for Bitcoin ETFs. On June 10, combined net outflows for Bitcoin ETFs exceeded $200 million.
More recent data reported on June 12 showed a potential stabilization. For the trading day of June 11, GBTC recorded no net flows. This pause in outflows coincided with a considerable slowdown in the overall pace of withdrawals from crypto ETFs. Consistent outflows from GBTC have been a major market discussion point since the approval of spot Bitcoin ETFs. The market often attributes these outflows to GBTC's higher fee structure compared to newer competitors.