Bitcoin ETFs see record monthly outflow

Bitcoin ETFs bled $4.1B in June.
That is the largest monthly outflow in history.
For $BTC, ETF flows have become one of the most important signals in the market.
When inflows are strong, they create steady spot demand.
When outflows accelerate, they can put pressure on price and sentiment at the same time.
June was a clear risk-off month for Bitcoin ETF demand.