
Weekly redemptions fell sharply from $1.72 billion in the week ending June 5, pointing to easing selling pressure in spot Bitcoin ETF flows.
Bitcoin ETF outflows slowed markedly last week, with weekly redemption volume dropping to $226 million from a peak of $1.72 billion in the week ending June 5. That amounts to an 87% decline in outflows, suggesting selling pressure tied to spot Bitcoin ETF flows has eased significantly from earlier June levels.