U.S. Spot Bitcoin ETFs Saw $4.5 Billion Net Outflows in June, Worst Monthly Performance Since Launch
2026-07-15 22:36
Odaily Planet Daily News: U.S. spot Bitcoin ETFs saw net outflows of $4.5 billion in June, the worst monthly performance since their launch in January 2024. Bitcoin fell 20.48% in June, hitting a 21-month low of $58,190 on July 1.
Citigroup lowered its 12-month Bitcoin price target from $112,000 to $82,000, following a previous reduction from $143,000 on March 17. Citigroup also lowered its 12-month Ethereum price target from $3,175 to $2,240.
Strategy sold 32 Bitcoins between May 26 and 31, worth approximately $2.5 million, its first sale since December 2022. As of May 31, it held 843,706 Bitcoins, with the board approving a framework to sell up to $1.25 billion worth of Bitcoin.
Leveraged Bitcoin futures open interest fell from around $31.3 billion around May 30 to approximately $21.6 billion in early June. Within two weeks, major holders added over 270,000 Bitcoins.
Citigroup lowered its 12-month Bitcoin price target from $112,000 to $82,000, following a previous reduction from $143,000 on March 17. Citigroup also lowered its 12-month Ethereum price target from $3,175 to $2,240.
Strategy sold 32 Bitcoins between May 26 and 31, worth approximately $2.5 million, its first sale since December 2022. As of May 31, it held 843,706 Bitcoins, with the board approving a framework to sell up to $1.25 billion worth of Bitcoin.
Leveraged Bitcoin futures open interest fell from around $31.3 billion around May 30 to approximately $21.6 billion in early June. Within two weeks, major holders added over 270,000 Bitcoins.
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