Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin s biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally. By Sam Reynolds | Edited by Shaurya Malwa Jun 2, 2026, 6:47 a.m. 1 min read Make preferred on What to know : U.S. spot bitcoin ETFs have logged a record 11 straight sessions of net outflows totaling about $3.45 billion as bitcoin’s price slid toward $70,000. The withdrawals, including $484 million in the latest session, coincide with strong risk appetite in AI and semiconductor stocks, underscored by a 6 percent gain in Nvidia. Strategy’s sale of 32 bitcoin, its first since 2022, and slowing ETF and corporate treasury accumulation suggest institutional demand that helped fuel bitcoin’s rally may be weakening. U.S. spot bitcoin ETFs have suffered their largest and longest withdrawal streak on record, with investors pulling roughly $3.45 billion across 11 consecutive trading sessions as bitcoin slid toward $70,000, according to data provider SoSoValue.