Did $6B in ETF outflows just mark Bitcoin’s first Wall Street capitulation?

Over the past six weeks, investors have pulled roughly $5.94 billion from US spot Bitcoin ETFs, marking the longest unbroken run of weekly outflows since these funds first opened for business in 2024. Galaxy Research puts the worst 30-day stretch at $6.35 billion through June 20. Bitcoin has been sliding right alongside those redemptions, and after a hot inflation print on Thursday, it dropped to a 21-month low near …