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Spot bitcoin ETFs record worst month since debut, shedding $4.5 billion in June
Spot bitcoin ETFs recorded their worst month since debut, losing $4.5 billion in June. Analysts attributed the outflows to capital rotation, macroeconomic uncertainty, and SpaceX's historic IPO.
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- $4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
- Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May
- Spot bitcoin ETFs log $649 million in net outflows, largest since January
- Spot bitcoin ETFs shed $1.26 billion in worst week since late January as ether funds see 10-day outflow streak
- BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record
- Spot bitcoin ETFs snap five-day outflow streak with $85.8 million Friday inflow as ether funds keep sliding