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Spot bitcoin ETFs lose $4.5 billion in June, marking worst month since debut. · Cyprus Report

Business · World

Spot bitcoin ETFs lose $4.5 billion in June, marking worst month since debut.

1 sourceFirst reported 21 days agoUpdated 21 days ago

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Spot Bitcoin exchange-traded funds (ETFs) experienced their worst month since debuting, losing approximately $4.5 billion in assets in June.
Analysts attributed the significant outflows to capital rotation amid macroeconomic uncertainty.
The IPO of SpaceX was also mentioned as a contributing factor to the decline in ETF investments.

Generated by AI from the 1 sources below · always verify with the originals

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Spot bitcoin ETFs record worst month since debut, shedding $4.5 billion in JuneThe Block · 21 days ago

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AI summary: catch up in 20 seconds

Spot Bitcoin exchange-traded funds (ETFs) experienced their worst month since debuting, losing approximately $4.5 billion in assets in June.
Analysts attributed the significant outflows to capital rotation amid macroeconomic uncertainty.
The IPO of SpaceX was also mentioned as a contributing factor to the decline in ETF investments.

Generated by AI from the 1 sources below · always verify with the originals