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#June Rate Outlook
This week, the total inflow into spot Bitcoin funds amounted to $2.75 billion. This is approximately 4.5 times more than the $608 million attracted last week.
On May 23, the last day of the trading week, the inflow of funds into Bitcoin ETFs amounted to $211.7 million. However, IBIT from BlackRock was the only fund that showed a profit of $430.8 million.
GBTC from Grayscale leads in fund outflows with a figure of $89.2 million, followed by ARKB from ARK and 21Shares, from which investors withdrew $73.9 million.
Just two days earlier, on May 21, the inflow of funds into the bitcoin ETF amounted to $607.1 million, and on the same day, the cryptocurrency exceeded its all-time high of $109,000. The next day, the flagship crypto asset set a new all-time high of $111,970. At the time of writing, it was trading at $108,992. In a week, bitcoin rose in price by more than 5.70%, in a day - 0.02%.
Experts predict that spot bitcoin ETFs could break the record for monthly inflows of $6.49 billion, which was recorded in November 2024. At the moment, funds based on the flagship cryptocurrency have already accumulated approximately $5.39 billion.