BTC bounced to ~$61,865 today, but the rally is fighting a headwind: spot Bitcoin ETFs bled $296M on July 1 alone, capping a brutal month where over $4.5 billion flowed out of ETF products. Down ~11% since January, BTC is moving up without institutional support โ a rare kind of rally. Will ETF flows turn positive before the next leg higher? Not financial advice.
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