Bitcoin price rose for the second consecutive day despite the rising ETF outflows and fear that Strategy will dump some of its holdings. BTC jumped to $60,870, up modestly from the year-to-date low of $58,000. Spot Bitcoin ETF outflows continued Demand for Bitcoin remains thin this week as investors continued their selling spree. Data compiled by SoSoValue shows that spot BTC ETFs have suffered outflows worth over $748 million so far this week. It is the eight consecutive week in which investors have dumped these ETFs. Bitcoin ETFs lost over $4.5 billion in June alone, the worst performance since they were approved in 2024.
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