Bitcoin ETFs lost a record $4.5 billion in June, worst month ever

US spot Bitcoin ETFs saw a record $4.5 billion in net outflows in June, pushing year-to-date outflows to $5.5 billion. BlackRock's IBIT alone accounted for 79% of the withdrawals. ETF Bitcoin holdings are now lower than the same date last year.

• BlackRock's iShares Bitcoin Trust (IBIT) accounted for $3.55 billion of June's $4.5 billion in outflows.
• Cumulative net inflows since launch stand at $51.2 billion, but holdings are below year-ago levels.
• Strategy's new $1.25 billion Bitcoin monetization program was dwarfed by the scale of ETF withdrawals.
• CryptoQuant data shows total US spot Bitcoin ETF holdings fell below 1.25 million BTC.

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