Markets
Bitcoin (BTC) ETFs saw positive inflows in June
Bloomberg Intelligence data shows that spot funds saw net inflows of $790 million, even as bitcoin’s price rose. (BTC) The stock fell 7%. The largest spot ETF, BlackRock’s iShares Bitcoin Trust (IBIT), led the way, with inflows surpassing $1 billion, single-handedly offsetting massive outflows from the high-fee Grayscale Bitcoin Trust (GBTC).