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Gate Research: BTC ETF Hits Record Outflows, Miners and Institutions Face Simultaneous Pressure

Daily Research
Research
Altcoins
Trading
Macro Trends
VIP Daily Industry Report
2026-06-22 04:30:37
Reading Time: 3m
Last Updated 2026-06-22 04:31:52
On June 22, BTC and ETH continued to trade in a low-range consolidation pattern, while market sentiment remained in the Extreme Fear zone. Large BTC options trades were concentrated in puts, reflecting growing hedging demand around the key $60,000 support level. ETH implied volatility remained near historical lows, but expectations for a volatility expansion have started to build. LAB, NAORIS, and HMSTR led the market higher, with trading infrastructure, post-quantum security, and the TON ecosystem attracting short-term capital flows. On the industry front, spot Bitcoin ETFs recorded their largest-ever 30-day net outflow, while Bitcoin miners entered a capitulation phase. Polymarket came under scrutiny following reports of simulated betting promotions, raising compliance concerns. Meanwhile, a series of security incidents involving MEV bots, cross-chain bridges, and on-chain vault products highlighted ongoing risks across crypto infrastructure, further increasing market attention on security solutions and liquidity management.
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