Morning Edition · Monday, June 29, 2026
Spot Bitcoin Funds Post Their Worst Month as Buyers Turn Selective
United States bitcoin exchange-traded products lost about $4.06 billion in June, even as funds for XRP and a perpetuals token kept drawing money.

United States spot bitcoin exchange-traded funds (ETFs) recorded their largest monthly outflow on record in June, with investors pulling about $4.06 billion from the products, according to CoinDesk. Bitcoin traded near $59,700, down roughly…
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Part of a tracked trend
TradFi Extends Beyond Bitcoin Into Multi-Asset Crypto Products
Over 3-6 months, traditional asset managers expand from single-asset BTC/ETH vehicles into multi-asset and altcoin-tracking funds, with steady institutional inflows validating demand.
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- A New Paper Tries to Price Sybil Resistance, as Proof-of-Personhood Systems Get Hacked