Bitcoin ETFs Suffer Worst Month Ever
Exchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) are on track for their worst month on record in June. As of June 29, Bitcoin E
Exchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) are on track for their worst month on record in June.
As of June 29, Bitcoin ETFs had recorded $4.06 billion U.S. in net outflows, the largest monthly redemptions on record.
The previous record redemption was $3.56 billion U.S. seen in February 2025.
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Last week, about a dozen Bitcoin ETFs listed on U.S. exchanges saw redemptions of $1.79 billion U.S., the second-highest weekly outflow since trading began in January 2024.
The continued outflows from Bitcoin ETFs run counter to expectations for a rebound following the initial public offering (IPO) of SpaceX (NASDAQ: $SPCX) on June 12.
Spot ETFs serve as a barometer for investors' crypto demand. Many investors, particularly institutions, like that the ETFs provide Bitcoin exposure without having to own the asset.
June's outfl
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/bitcoin-etfs-suffer-worst-month-135200570.html)
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