Tag: Trump crypto

  • Bitcoin ETFs See Record $4.5 Billion Outflows in June as Trump’s Crypto Holdings Surpass $500 Million

    Bitcoin ETFs See Record $4.5 Billion Outflows in June as Trump’s Crypto Holdings Surpass $500 Million

    US-listed Bitcoin exchange-traded funds recorded $4.5 billion in net outflows during June 2026, marking their worst monthly performance since launching in January 2024. The redemptions coincided with Bitcoin dropping 20.48%, its steepest monthly decline since June 2022.

    June’s withdrawals exceeded the previous monthly record of $3.56 billion set in February 2025 during an earlier period of market stress. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the bulk of the outflows, losing $3.55 billion—nearly 79% of all Bitcoin ETF redemptions for the month. That single-fund total almost matched the category’s former monthly record.

    Bitcoin closed four of 2026’s first six months in the red. In June 2022, the asset fell 37.28%. Ethereum ETFs followed Bitcoin into negative territory, posting $528.99 million in June outflows, according to SoSoValue. Solana ETFs also recorded about $786,580 in net withdrawals—a small figure compared with Bitcoin and Ethereum losses but marking their first negative month since launching, ending a streak of positive inflows.

    Meanwhile, XRP ETFs attracted $59.46 million in inflows, while Hyperliquid ETFs led the group with $161.05 million. These flows suggest some investors rotated capital from larger, established products into newer categories.

    In a separate development, President Donald Trump disclosed two cryptocurrency wallet assets in an ethics filing on Tuesday, each valued at more than $50 million. Both were described as cold-storage Bitcoin holdings. Forbes estimated Trump’s total Bitcoin exposure at more than $500 million, including his indirect share of Trump Media’s investments. Representatives of the Trump Organization and the White House did not immediately comment.

    One of the disclosed wallets is held within the entity that contains Trump’s stake in World Liberty Financial. That venture raised nearly $800 million from public offerings, much of it between the election and inauguration. The second wallet is held by CIC Digital LLC, which launched Trump’s memecoin. The company has collected more than $635 million in royalties from the token project.

    Trump Media announced plans last summer to invest in Bitcoin. The wider Trump Organization later joined companies adding the asset to their balance sheets. Michael Saylor’s Strategy built a large Bitcoin stockpile, inspiring more than 200 corporate imitators. Eric Trump publicly praised the balance-sheet strategy in September.

    Bitcoin rose 82% between Election Day and October 2025 as the administration softened the government’s approach to digital assets. The cryptocurrency later fell 53% from that high. Investors are now watching July price action and fund flows for signs of renewed demand.