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$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
Key takeaways
- It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025.
- Last week, the funds saw redemptions of about $1.79 billion, the second-highest weekly outflow since trading began in January 2024.
- This trend runs counter to expectations early in the month of renewed demand following SpaceX's IPO on June 12.
It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025.
Last week, the funds saw redemptions of about $1.79 billion, the second-highest weekly outflow since trading began in January 2024. (These figures could shift slightly based on flows over the final two trading days of the month.)
This trend runs counter to expectations early in the month of renewed demand following SpaceX's IPO on June 12.
Article preview — originally published by CoinDesk. Full story at the source.
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