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$BTC ETF & institutional flow):
notes that the total balance of Bitcoin ETFs fell to $78.8 billion as of June 11, down about 27% from $107.5 billion a month earlier. Additionally, the 30-day average BTC price weakened to around $70.321, down 10.3% month-on-month, as US spot Bitcoin ETFs recorded cumulative net outflows of about $5.0 billion in 19 of the last 22 trading days. This signals bearish institutional money flowing out—not flowing in.