Crypto’s recovery remains unsecure as SpaceX, Anthropic IPOs loom.
Stronger ETF inflows would help
Your day-ahead look for June 8, 2026 What to know: Bitcoin As the price fell toward $60,000, the 11 U.S. spot ETFs recorded $1.72 billion in net outflows, marking a third straight week of accelerating redemptions. That happened on the total weekly volume of just $18.43 million, according to data from SoSovalue. Compare that with the first week of February, when bitcoin suffered a similar crash to $60,000.
Back then, outflows were just $318 million, but the total weekly volume was $46.15 billion in a clear sign of panic and capitulation, reflecting a fiercely contested market with active participation from both bulls and bears. That wasn’t the case last week, when outflows accelerated amid subdued trading volume. The combination suggests a steady exodus rather than a shock-driven capitulation that typically marks local bottoms.