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Bitcoin ETFs Hit Worst Month Ever | Bitcoin and Crypto News
Description
Bitcoin ETFs suffered their worst month ever in June, with $4.5 billion in outflows—surpassing last year’s record. The sell-off was fueled by SpaceX’s massive capital influx followed by the Fed’s hint at rate hikes, triggering institutional caution. As risk-off sentiment gripped markets, crypto took a beating. Outflows persist, and eyes remain on whether ETFs can recover as digital assets remain vulnerable to macroeconomic shifts and big financial moves.
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