U.S. spot Bitcoin ETFs saw net outflows of $4.5 billion in June, their worst monthly performance since their inception
2026-07-15 22:36
Odaily Planet Daily reported that U.S. spot Bitcoin ETFs recorded net outflows of $4.5 billion in June, marking their worst monthly performance since their launch in January 2024. Bitcoin fell by 20.48% in June, hitting a 21-month low of $58,190 on July 1.
Citigroup lowered its 12-month price target for Bitcoin from $112,000 to $82,000, following a previous downgrade from $143,000 on March 17. Citigroup also cut its 12-month price target for Ethereum 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 for selling up to $1.25 billion worth of Bitcoin.
Open interest in leveraged Bitcoin futures fell from approximately $31.3 billion around May 30 to around $21.6 billion in early June. Within two weeks, major holders increased their holdings by over 270,000 Bitcoins.
Citigroup lowered its 12-month price target for Bitcoin from $112,000 to $82,000, following a previous downgrade from $143,000 on March 17. Citigroup also cut its 12-month price target for Ethereum 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 for selling up to $1.25 billion worth of Bitcoin.
Open interest in leveraged Bitcoin futures fell from approximately $31.3 billion around May 30 to around $21.6 billion in early June. Within two weeks, major holders increased their holdings by over 270,000 Bitcoins.
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