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The Pescadero Perspective
news Cloud Crypto 2026-06-30

Bitcoin ETFs Suffer Massive $696M Outflow Amid Broad Selloff

Major Bitcoin Exchange-Traded Funds (ETFs), including those from Blackrock and Fidelity, have experienced significant outflows totaling $696 million, contributing to a broader cryptocurrency selloff and pushing Bitcoin's price near $60,000 amidst a 30% year-to-date decline.

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