Bitcoin plunges 20% as US spot ETFs see $4.5B June outflows, Citi slashes targets, and leverage unwinds ahead of the Fed's July meeting.

Bitcoin ETFs reversed last week’s inflows as investors pulled $424.66 million from US-listed funds, reigniting concerns over institutional demand.

US spot Bitcoin ETFs saw $425 million in net outflows Monday, extending an 8-week streak that has pulled $8.2 billion from funds since May 2026.