Surprising Bitcoin ETF Stability Amid Market Decline as Baby Boomers Embrace Long-Term Investment

June saw significant turbulence in the cryptocurrency market, precipitating a steep $10,000 drop in Bitcoin’s price. Key factors contributing to this decline included a substantial Mt. Gox repayment, widespread miner sell-offs, and liquidations linked to governmental actions. Despite this bearish trend, investors in spot Bitcoin ETFs demonstrated unexpected resilience, maintaining steady inflows throughout the month.

Source: CoinOtag