Jun 22: Bitcoin ETFs Shed $6.4B in 30 Days Amid Market Downturn
Strategy’s Bitcoin Buys Slow as Price Drops 40% Since STRC Launch · Fake ‘Zksync.jp’ Token Scam Linked to Fentanyl-Tied Chinese Network · MEV Bot ‘jaredfromsubway’ Drained for $7.5M in Counter-MEV Attack
Market Snapshot
Bitcoin (BTC) is trading at $63,904, down 0.61% over the past 24 hours. Ethereum (ETH) stands at $1,727.48, also down 0.6%. Solana (SOL) is at $73.39, with a slight 0.26% gain. Notably, US-listed spot Bitcoin ETFs recorded a net outflow of $6.4 billion over the last 30 days, the largest since their 2024 debut.
Top Stories
- Bitcoin ETFs Shed $6.4B in 30 Days Amid Market Downturn
- Strategy’s Bitcoin Buys Slow as Price Drops 40% Since STRC Launch
- Fake ‘Zksync.jp’ Token Scam Linked to Fentanyl-Tied Chinese Network
- MEV Bot ‘jaredfromsubway’ Drained for $7.5M in Counter-MEV Attack
Key Takeaways
- Institutional outflows from Bitcoin ETFs are accelerating, with $6.4B withdrawn in a month.
- Major players are slowing Bitcoin accumulation as market conditions worsen.
- Crypto fraud remains a significant threat, with over $1M lost in a single scam linked to organized crime.
- MEV bot activity continues to evolve, with attackers and defenders deploying increasingly complex tactics.
What to Watch
Market participants will be closely monitoring ETF flows for signs of stabilization or further outflows. Regulatory responses to cross-border crypto crime and MEV-related exploits may shape the next phase of market structure and investor protection. Upcoming earnings reports from major crypto firms could provide additional insight into institutional sentiment.