Bitcoin Spot ETFs See Record Single-Month Outflow of $4.1B in June, IBIT Down $3B

Data shows investors withdrew over $4.1 billion from 13 Bitcoin spot ETFs in June, marking the largest single-month net outflow since these products began trading in January 2024. BlackRock's iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF by assets under management, accounted for $3 billion of the outflows alone.

Bitcoin itself declined more than 18% this month, putting June on track to be its worst month since June 2022. BTC has traded below $60,000 since last week, hovering near this support level.

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