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Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May

Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.

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theblock.coStai leggendo3 mesi fa

Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.

US spot Bitcoin ETFs have seen $4.4 billion in outflows over a record 13-day streak, with Bitcoin dropping 21% since mid-May. Here's what it means.