Bitcoin ETFs in the U.S. have experienced net outflows for seven consecutive days, reaching a record high. This trend saw $1.1 billion withdrawn between June 13 and June 24, with Fidelity’s Wise Origin Bitcoin Fund leading the outflows. Factors contributing to this include Bitcoin price drops, miner selling, and the anticipation of Mt. Gox repayments. Despite recent challenges, analysts predict Bitcoin may exceed $73,000 in the coming months due to inflation pressures and potential Federal Reserve rate cuts.

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