Japan's 10-Year Bond Yield Hits 30-Year High, BTC Spot ETFs See $5B Outflows

According to data from X and analysis by AMBcrypto, Japan's 10-year government bond yield climbed 137 basis points over the past year and another 9.1 basis points in the past four weeks, reaching 30-year highs. The rising yields could tighten global liquidity and pressure risk assets including Bitcoin.

Bitcoin spot ETFs experienced net outflows exceeding $5 billion through late June, yet public companies holding over 1.26 million BTC may provide some support. Whether corporate treasury accumulation can offset ETF selling will be critical if bond yields continue rising and risk appetite weakens. At the time of writing, BTC was trading near $63,870.