Bitcoin ETFs post June's biggest daily outflows as BTC falls below $60K
CoinTelegraph·
60-second summary
US Bitcoin ETFs are experiencing their largest daily outflows in June, totaling $696.3 million, as Bitcoin's price falls below $60,000, exacerbating year-to-date losses to $4.6 billion. This significant outflow suggests investors are increasingly bearish on the cryptocurrency market, with many opting to sell their Bitcoin holdings, further pressuring the price downward. Market sentiment remains cautious.
US Bitcoin ETFs recorded $696.3 million in outflows as Bitcoin slipped below $60,000, lifting year-to-date losses to $4.6 billion.