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via The Block · By The Block Editorial

US Bitcoin ETFs log further outflows, though analyst sees signs of easing selling pressure

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The Block Editorial

(09:41 AM UTC)

1 min read

Verified byMichael Roberts

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Spot Bitcoin exchange-traded funds in the U.S. saw another day of net outflows on Monday, following four weeks of negative flows.

According to data from SoSoValue, the Bitcoin ETFs reported $91.4 million in net outflows on June 8. Since May 15, U.S. spot Bitcoin ETFs have shed nearly $5 billion, reporting net outflows on every single trading day except for June 4, when they added just $3.2…

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