U.S. Bitcoin Spot ETF saw another $152 million in net outflows

The cryptocurrency market has been lackluster recently. With the lack of investor interest, 11 U.S. Bitcoin spot ETFs saw another withdrawal of more than 152$152 million on Tuesday, and it was the fourth consecutive day of capital loss. According to data from SoSoValue, on June 18, Eastern Time, three of the U.S. Bitcoin spot ETFs recorded net outflows of funds: Fidelity’s FBTC had a net outflow of 83 millionUSD; Grayscale’s GBTC There was a net outflow of 62 millionUSD; Bitwise’s BITB lost approximately 7 millionUSD; while the capital flows of the remaining 8 ETFs were all “zero”. Data shows that as of June 18, the cumulative net inflow of 11 Bitcoin spot ETFs has reached 14.81 billion US dollars, a decrease of 880 million US dollars from the peak of 15.69 billion US dollars set on June 7. At the time of writing, Bitcoin is down slightly 0.5% in the past 24 hours, trading at around 65,305USD. CryptoQuant analysts said in a report on Tuesday that Bitcoin has fallen below the key support level of 65800USD, which indicates that there may be a correction of 8% to 12%, which may cause the price to fall towards USD 60,000**.

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