Spot Bitcoin ETFs record $696M net outflow on June 25
Spot Bitcoin ETFs recorded a total net outflow of $696 million on June 25, marking six consecutive days of net outflows.
This outflow is part of a larger trend, with spot Ethereum ETFs also recording a total net outflow of $81.8651 million on the same day, also marking six consecutive days of net outflows.
The consecutive days of net outflows indicate a bearish sentiment in the market, with investors pulling out significant amounts from these ETFs.