🅱️US-listed spot Bitcoin ETFs saw $4.5 billion in net outflows during June, marking the largest monthly withdrawal since their launch. Year-to-date net outflows have now reached approximately $5.5 billion, while total Bitcoin holdings across these funds have declined below 1.25 million BTC, reflecting weaker institutional demand.

🔽The sharp ETF outflows significantly exceeded the size of the recently announced $1.25 billion Bitcoin monetization program, highlighting continued pressure on the market.