First US spot bitcoin ETF closes as assets fall to $14.7M
August 5, 2026
DEFI held $14.7 million against IBIT’s $47.08 billion as investors rotated into AI funds
DEFI held $14.7 million against IBIT’s $47.08 billion as investors rotated into AI funds
June became the worst month for U.S. spot bitcoin ETFs since they launched in 2024, led by BlackRock’s IBIT.
Bitcoin trades under a level it last closed beneath in October 2023 after its worst week of 2026.
Investors pulled $2.8 billion over nine sessions, the longest spot bitcoin ETF withdrawal streak since the funds launched in 2024.
Ether breaks below $2,000 for the first time since March as Strait of Hormuz airstrikes reignite risk-off rotation across crypto.
First weekly outflow since late January hits as BTC slides below $79K and 10-year yields rip to 4.54%