U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) extended their losing streak to a sixth consecutive trading session on Wednesday ET, underscoring a renewed phase of ‘institutional outflows’ even as the products continue to hold a meaningful share of Bitcoin’s overall market value. According to data compiled by SoSoValue, U.S.-listed spot Bitcoin ETFs recorded a combined net outflow of $696.29 million on June 25 ET.
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