Stocks

According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under $70,000 from US spot bitcoin ETFs. This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness. After Monday’s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued

There has been a net withdrawal of more than $5 billion from these ETFs in only four weeks. The US spot Bitcoin ETF witnessed $77.44M worth of outflows on June 9, adding to the ongoing streak of outflows. Understand why investors no longer like Bitcoin spot ETFs. As of June 9th, the eleven spot ETFs’

There has been a net withdrawal of more than $5 billion from these ETFs in only four weeks. The US spot Bitcoin ETF witnessed $77.44M worth of outflows on June 9, adding to the ongoing streak of outflows. Understand why investors no longer like Bitcoin spot ETFs. As of June 9th, the eleven spot ETFs’