U.S. spot Bitcoin ETFs continued their negative flow trend after recording $2.4 billion in monthly outflows in May, signaling sustained investor withdrawals from regulated Bitcoin fund products.
Spot Bitcoin exchange-traded funds continued a run of negative flows after posting $2.4 billion in outflows during May. The withdrawals indicate continued selling pressure or reduced demand for regulated Bitcoin investment vehicles, which are widely used by institutional and traditional market participants to gain exposure to Bitcoin without holding the asset directly.