SoSo Value data shows that last Friday, the total net inflow of US spot Bitcoin ETFs was nearly $86 million, equivalent to approximately 1350 bitcoins, of which BlackRock's IBIT had a net inflow of nearly $58 million. Geoffrey Kendrick, Global Head of Crypto Research at Standard Chartered, stated that the recent ETF sell-off is related to some holders releasing cash to participate in SpaceX's IPO. The US spot Bitcoin ETF has accumulated a net outflow of $7.6 billion since October last year, with a net outflow of $3 billion in the first six months of 2026. Strategy holds over 800000 bitcoins. Michael Saylor resumed buying Bitcoin in early June, while Strategy sold it at the end of May.
