Bitcoin ETFs Suffer $174M Loss from Mt. Gox Repayments

Spot Bitcoin ETFs experienced a significant outflow of $174 million on June 24, coinciding with the commencement of repayments to Mt. Gox creditors. This marks the largest single-day outflow for Bitcoin ETFs since their launch in January. The repayments, totaling 142,000 BTC (worth over $4 billion), are expected to continue impacting the market in the coming weeks.Read more on Decrypt