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June saw major Bitcoin ETF outflows creating a $4.4B supply overhang, pressuring prices amid weaker institutional demand.

Market News
30 Jun 2026
Crypto Daily
View Source
Bearish
pluang ai news

In June, U.S. spot Bitcoin ETFs sold about 71,600 BTC, while corporate treasuries bought only 7,500 BTC, creating an estimated supply overhang of roughly 77,000 BTC worth $4.4 billion. This shift occurred as ETFs stopped absorbing coins and started redeeming, coinciding with steady miner issuance and selective buying by other institutions. The reduced demand from usual large buyers pressured Bitcoin prices, causing more volatile price action and thinner liquidity. The market now awaits signs of renewed ETF inflows, stablecoin supply growth, or corporate buying to restore balance and stabilize prices.

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