Bitcoin ETFs Face Significant Outflows Amid BlackRock’s Surprising Investment Move

The month of June witnessed significant outflows from Bitcoin ETFs, with the Grayscale Bitcoin Trust leading the decline at $559 million. BlackRock’s Global Allocation Fund revealed its investment in 43,000 shares of the iShares Bitcoin Trust (IBIT). Stunningly, Bitcoin ETFs have continued to struggle despite these big financial moves. June’s crypto market turmoil saw major