Live markets: U.S. spot bitcoin ETFs had their worst month ever in June, shedding $4.5 billion
CoinDesk·
60-second summary
U.S. spot bitcoin ETFs experience their worst month ever in June, shedding a record $4.5 billion, surpassing the previous worst by 29%. This significant outflow occurred over nine consecutive days of redemptions, closing the period with substantial losses. The market is reeling from this massive sell-off, sparking concerns about investor confidence in the cryptocurrency space.
The record outflow beat the previous worst month by 29% and came on nine consecutive days of redemptions to close the period.