TLDR
- Spot Bitcoin ETFs posted $90.66 million in net outflows during the June 18 session.
- BlackRock’s IBIT led Bitcoin ETF exits with $96.6552 million in reported net outflows.
- Micro-transactions below 0.01 BTC now account for about 80 percent of daily transactions.
- OP_RETURN usage is nearing record levels due to Runes, Ordinals, and inscription demand.
- Bitcoin trades near support as Relative Strength Index and Moving Average Convergence Divergence remain weak.
Spot Bitcoin exchange-traded funds recorded total net outflows of $90.6566 million on June 18, according to the figures provided for the U.S. trading session. BlackRock’s IBIT accounted for the largest single outflow, with $96.6552 million leaving the product during the day.
Spot Ethereum exchange-traded funds also posted net outflows, with the category recording $12.7674 million in withdrawals. BlackRock’s ETHA represented the full reported Ethereum ETF outflow amount for the session, based on the same data.
The fund flows arrived as Bitcoin continued to trade under pressure near $62,742 on the daily Bitstamp chart. The asset remained below the earlier April-to-May trading range and had not reclaimed the $68,000 to $72,000 breakdown area.
OP_RETURN Activity Nears Record Levels
Bitcoin network activity has increased as transaction counts approach record territory, while the value transferred through many of those transactions remains comparatively small. CryptoQuant’s Activity Index reportedly moved above trend for the first time since mid-2024 and has risen steadily since January 2026.
Micro-transactions below 0.01 BTC now account for about 80 percent of daily Bitcoin transactions, compared with less than 50 percent in 2023. The increase has been led by smaller transaction cohorts, including transfers below 0.001 BTC and below 0.01 BTC.
OP_RETURN usage has also moved close to record levels, supported by activity linked to Runes, Ordinals, and inscription services. These protocols often generate high transaction counts with low transferred value, making the current rise more activity-driven than value-driven.
BTC Price Tests Support as Momentum Stays Weak
Bitcoin’s nearest support sits around $62,000 to $62,300, close to the current daily low area shown on the chart. A deeper move could bring the $60,000 to $61,000 zone back into focus, where the previous rebound began.
A daily close below $60,000 would weaken the current structure and shift market attention toward the $58,000 area. On the upside, immediate resistance stands near $64,000, while stronger resistance remains between $65,500 and $66,500.
The Relative Strength Index is near 34.5, which keeps momentum in bearish territory but slightly above the oversold zone. The Moving Average Convergence Divergence remains below the zero line, although an early crossover and positive histogram suggest downside momentum has slowed without confirming a full recovery.
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