Bitcoin's institutional adoption story continues to grow, but investor demand has been uneven. U.S. spot Bitcoin ETFs recorded several large outflow days in June, including $396.6 million on June 3 and $325.7 million on June 5, according to Farside Investors. BlackRock says part of the reason may be that investors have been chasing a different trade. Artificial intelligence has dominated markets, drawing capital into chipmakers, hyperscalers and AI-related IPOs while Bitcoin has struggled to regain momentum. BlackRock head of digital assets Robbie Mitchnick said on June 22 that Bitcoin's weak performance since late ... (full story)