
Net assets of U.S. spot bitcoin ETFs slid to $77.58 billion on June 9, matching levels seen just after Trump's November 2024 election win. The figure erased post-election gains despite a friendlier regulatory climate. Analysts blamed outflows on inflation concerns and the AI frenzy.
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Summary by ByteBrief
Blame bitcoin's tumble on rising inflation, not Strategy, 10xResearch argues