Bitcoin ETF Outflows Near $5B as Private Credit Redemptions Rise

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Bitcoin ETFs recorded nearly $5 billion in second-quarter outflows while private credit funds faced rising redemption pressure. SoSoValue data showed U.S.-listed BTC ETFs had $4 billion in outflows in June alone. Fitch Ratings data showed private credit redemption requests totaled $15.6 billion in the second quarter.
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