Stablecoin Showdown: Open USD Backed by Stripe, Coinbase, BlackRock Sinks Circle (CRCL) 17%

Circle (CRCL) shares tumbled over 17% in Tuesday trading, marking a new 4-month low for the company. The sharp decline follows the unveiling of Open USD, a new rival stablecoin network supported by a powerful consortium of over 140 companies. Key backers include payments giant Stripe, crypto exchange Coinbase (COIN), and asset management titan BlackRock … Read more

Stablecoin Shake-Up: Open USD’s Ascent Challenges Circle (CRCL) Amid Market Scrutiny

Circle’s shares (CRCL) experienced a significant downturn on Tuesday following the unveiling of the Open Standard consortium and its new stablecoin, Open USD. This market reaction, where Circle’s stock cratered, suggests investors perceived the new venture as a direct threat to Circle’s dominant position with its USDC stablecoin. However, financial analysts contend that the selloff … Read more

Bitcoin ETFs Record Historic $4.06B Outflows: Worst Month Ever Signals Institutional Retreat

Financeinvestment

Exchange-Traded Funds (ETFs) tracking the spot price of Bitcoin (CRYPTO: $BTC) are experiencing an unprecedented downturn, recording their most challenging month since inception. June 2026 registered a staggering $4.06 billion U.S. in net outflows, surpassing the previous record of $3.56 billion U.S. seen in February 2025. This significant investor exodus signals a worrying trend for … Read more

Bitcoin ETFs Post Record June Outflows as Institutional Demand Weakens

Financebitcoin

Bitcoin ETFs Hit Historic Outflow Levels in June Exchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) are heading toward their weakest month on record, underscoring a sharp shift in investor sentiment across the crypto market. For June, the scale of withdrawals has been large enough to place Bitcoin ETFs under intense … Read more

Bitcoin ETFs Post Record $4.06B June Outflows as Institutional Demand Collapses

Financebitcoin

Bitcoin ETFs Suffer Historic Monthly Redemptions U.S.-listed spot Bitcoin exchange-traded funds (ETFs) are on pace to close June with their worst monthly performance since inception, recording approximately $4.06 billion in net outflows through June 29, according to data from CryptoProwl. This figure surpasses the previous record of $3.56 billion set in February 2025, signaling a … Read more

Bitcoin Spot ETFs Endure Record $4.06 Billion Monthly Outflow: Institutional Demand Wanes as BTC Nears Two-Year Low

Financecryptocurrency

Bitcoin Spot ETFs Endure Record $4.06 Billion Monthly Outflow Exchange-traded funds (ETFs) directly tracking the spot price of Bitcoin (CRYPTO: $BTC) have experienced their most challenging month since their inception, recording unprecedented net outflows in June. The total redemptions for Bitcoin ETFs reached an staggering $4.06 billion U.S. in June, marking the largest monthly exodus … Read more

Bitcoin ETFs Bleed Billions: Record Outflows Signal Shifting Institutional Sentiment

Financecryptocurrency

Exchange-traded funds (ETFs) directly tracking the spot price of Bitcoin (CRYPTO: $BTC) are currently experiencing their most challenging period since inception. As of June 29, these U.S.-listed Bitcoin ETFs have recorded substantial net outflows totaling $4.06 billion U.S. for the month, marking the largest monthly redemption figure on record. Historic Redemptions in Perspective This recent … Read more

Bitcoin ETFs Record-Breaking Monthly Outflows Signal Institutional Reversal

Financecrypto

Bitcoin ETFs Record-Breaking Monthly Outflows Signal Institutional Reversal Exchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) have experienced their most challenging month on record. As of June 29, these ETFs collectively registered net outflows totaling an unprecedented $4.06 billion U.S. This significant withdrawal of capital marks a stark contrast to earlier … Read more

Bitcoin ETFs Face Historic Exodus: What Record Outflows Signal for Crypto Markets

Financecryptocurrency

Exchange-traded funds (ETFs) designed to track the spot price of Bitcoin (CRYPTO: $BTC) are currently navigating their most challenging period since inception. Data indicates that June is set to close as the worst month on record for these investment vehicles, highlighting a significant shift in investor sentiment within the digital asset space. As of June … Read more

Bitcoin ETFs Face Record Outflows: Why This Month Could Define Crypto Markets

Financeinvestment

Bitcoin ETFs Face Record Outflows: Why This Month Could Define Crypto Markets Exchange‑traded funds that track the spot price of Bitcoin (CRYPTO: $BTC) are on track for their worst month on record in June. As of June 29, Bitcoin ETFs had recorded $4.06 billion U.S. in net outflows, the largest monthly redemptions since the products … Read more