Bitcoin ETFs shed $2.1B in June as IBIT outflows pick up

CryptoNews.com, June 15 — Bitcoin exchange-traded funds (ETFs) recorded $2.1 billion in net outflows in June, led by an acceleration of withdrawals from IBIT. Emirates NBD has opened access for its 10 million customers to buy Bitcoin and other cryptocurrencies. In Japan, regulators are laying groundwork for a spot crypto ETF rollout as the country targets a $6.4 billion market; the Financial Services Agency (FSA) is preparing for launches. The U.S. Securities and Exchange Commission said a clear regulatory path for tokenization has yet to be established. India's tax authority has issued more than 44,000 notices related to cryptocurrency taxes. In markets, Bitcoin (BTC) is seen facing significant resistance around $67,000, while mining difficulty has fallen by nearly 10%. Aerodrome reported that liquidity is shifting toward prediction markets following a major upgrade. MicroStrategy's Michael Saylor said Bitcoin metrics highlight the strategy's underlying risks. Author Robert Kiyosaki reiterated his view that "cash is trash," voicing support for Bitcoin and Ethereum.