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#BitcoinETFSees7272BTCOutflow
BITCOIN ETF BLOODBATH: 14 DAYS. 66,000 BTC. GONE. 🚨
June 4 marked another brutal chapter:
📉 Spot Bitcoin ETFs → Net outflow 7,272 BTC (~$465M)
📉 14th consecutive day of outflows — LONGEST STREAK EVER
📉 Cumulative 14-day bleed: ~66,000 BTC ($4.5+ BILLION)
Biggest losers of the day:
🔴 BlackRock IBIT → -$342M single day
🔴 Fidelity FBTC → -$54M
The result?
💥 Bitcoin briefly below $62,000 → near 4‑month low
Sources: Lookonchain / SoSoValue / Galaxy Research
📊 The takeaway?