Bitcoin ETFs lose record $4.5B in June, eclipsing Strategy's $1.25B raise
CoinTelegraph·
60-second summary
US spot Bitcoin ETFs are experiencing a record-breaking $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion. This unprecedented pace of withdrawals signals a significant shift in investor sentiment, with $4.5 billion being the largest monthly outflow on record. The market implication is a potential decline in Bitcoin's price as institutional investors withdraw funds.
US spot Bitcoin ETFs logged a record $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion, signaling an unprecedented pace of withdrawals.