Spot Bitcoin ETFs Record Worst Month With $4.5 Billion in Outflows

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U.S. spot Bitcoin ETFs recorded a record $4.5 billion in net outflows in June, marking their worst month since launching in January 2024. The funds also extended their losing streak to nine consecutive trading days after another $222.6 million in net withdrawals on June 30. BlackRock’s IBIT accounted for $3.55 billion of June’s outflows. Investors …