U.S. spot Bitcoin ETFs remained under pressure, with Cointelegraph reporting about $2.84 billion in net outflows across nine consecutive trading days, the longest such streak since the products launched in 2024. BlackRock’s IBIT was identified as the main source of the Bitcoin ETF withdrawals. This extended a broader period of redemptions that had already included $1.4156 billion in weekly net outflows through May 30, marking a third straight week of withdrawals totaling more than $3.5 billion. Spot Ethereum ETFs also faced continued weakness, logging 13 straight days of net outflows totaling about $694 million.