June is behind us and it was another brutal month for Bitcoin. The spot ETFs recorded their largest monthly outflows since launch, while Bitcoin lost 17% over the same period. That wasn’t a coincidence. Throughout this bear market, capital leaving the ETFs has been one of the most reliable ways to explain Bitcoin’s price action. On Monday we looked at why those outflows are unlikely to reverse anytime soon. That naturally leads to the next question. If the market keeps losing capital at this pace, what does that imply for Bitcoin over the next month? That’s what we’re going to quantify today. So let’s look at the data. Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Our team conducts rigorous quantitative research, developing proprietary metrics and institutional-quality visualizations that cut through the noise to reveal key market dynamics. Each newsletter provides clear, actionable insights backed by data, delivered in a concise format that respects your time - five minutes to absorb, but deep enough to inform your investment strategy. Join over 34,000 professional investors and fund managers: Ready? Let’s dig into the data. Bitcoin’s Demand Collapse Is Not OverThe Takeaway...Continue reading this post for free in the Substack app
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