Bitcoin spot ETF assets drop to $77.6 billion, lowest since Trump's 2024 election win
By
Omkar Godbole
12h ago· 3 min readenNews
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Summary
Bitcoin spot ETFs have seen their total net assets drop to $77.58 billion as of June 9, the lowest level since President Donald Trump won the 2024 presidential election. This marks a significant decline from the peak of over $90 billion, despite initial growth driven by hopes of friendlier crypto regulation under Trump. The 11 spot ETFs have fallen out of investor favor over the 19-month period.
Key quotes
· 4 pulledTotal dollar value of net assets across the 11 spot ETFs stood at $77.58 billion on June 9.
That's the same level seen just after President Donald Trump won the presidential election in early November 2024.
Hopes that Trump would deliver on his campaign promise of friendlier crypto regulation helped push bitcoin higher, along with ETF assets.
Total net assets crossed $90 billion within
The U.S.-listed spot BTC ETFs have fallen out of investor favor.
