Bitcoin ETF Outflows End Winning Streak Ahead of Federal Reserve Meeting
The streak of net inflows into Bitcoin ETFs has come to an end, as investors adjusted their portfolios ahead of the Federal Reserve meeting.
Despite this development, Bitcoin itself remained relatively stable, trading near $65,000. This resilience suggests that selling pressure remains under control, with many traders preferring to hold onto current positions rather than making large moves before the Federal Reserve's announcement.
The recent outflows from spot Bitcoin ETFs in the United States are seen as a reflection of temporary caution rather than a decline in institutional demand. Several analysts believe that these adjustments will be reversed once fresh information becomes available, particularly if the Fed maintains its hawkish stance on interest rates.