Bitcoin Finished Monday with Eighth Straight Net ETF Outflow

Dow Jones06-30 21:37

0937 ET - Bitcoin ETFs tracked by CoinGlass continue to shed value, with another $231 million liquidated from the market through yesterday. June has been a tough month for bitcoin ETFs, posting net outflows totaling $4.3 billion--including eight straight days of net outflows recorded by ETFs, says Konstantinos Crysikos of Kudo.com in a note. It's the largest monthly withdrawal seen all year, with macroeconomics currently favoring bonds and currency, not riskier assets like bitcoin. At this level, bitcoin is close to crossing over the year-low set last week. Bitcoin is down 3% this morning, while ethereum sinks 3.6% and XRP goes down 3.1%. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

June 30, 2026 09:37 ET (13:37 GMT)

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