Bitcoin exchange-traded fund (ETF) outflows reached $4.3 billion in June, with some outlets reporting weekly outflows of $1.72 billion and others noting a $1 billion outflow. Institutions appear to be reducing their exposure to bitcoin, with some reports suggesting this is the lowest level of institutional demand since 2020. The impact of these outflows on bitcoin's price is uncertain, with some outlets predicting a potential drop and others noting that ETF inflows ended the week on a positive note.