Dear HODLers

U.S. spot $Bitcoin (BTC.CC)$ ETFs experienced their 2nd-highest daily net inflows on June 4, amounting to $886.75 million. This marks 16 consecutive days of net inflows for U.S. Bitcoin ETFs. Meanwhile, ETPs -- exchange-traded products that include ETFs -- now collectively hold more than 1 million BTCs. Australia also joined the ranks this week, launching its first ETF that directly holds BTC.