Around $946 million has flowed out of U.S. spot Bitcoin ETFs in recent days. Analysts attribute this to the Federal Reserve’s lack of clear signals on interest rate cuts. With policy direction uncertain, investors have been pulling back from risk assets. While this caused short-term pressure on Bitcoin’s price, some analysts see it as a “healthy correction” in the long run. Recent Fed statements suggest rates may stay higher for longer, dampening institutional risk appetite.
“Fed Uncertainty Shakes Crypto Market: $946 Million Outflow from U.S. Bitcoin ETFs!”