bitcoin etf's had their worst month on record. $4.5b out in june. and the coins didn't go to exchanges
AI summary
June 2026 was the worst month for US spot Bitcoin ETFs since launch, with around $4.5 billion in net outflows. Interestingly, Bitcoin exchange reserves are near a 7-year low, and the coins leaving ETFs are not appearing on Coinbase or Binance, indicating movement into self-custody.
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AI rationale
关注比特币长期持有者的动向和链上数据，短期ETF波动无需过度担忧。
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