BTC ETF Outflows Reach $225M Amid Rising US Treasury Yields

Bitcoin ETFs experienced a significant outflow of over $225 million on Friday, marking a reversal from their previous inflow streak that lasted nearly two weeks. This sudden shift in investor sentiment is largely attributed to rising US Treasury yields, which have reached an 18-month high.

The surge in Treasury yields has led institutional investors to strategically rotate into U.S. Treasuries, causing them to withdraw funds from Bitcoin ETFs. The move is a tactical decision aimed at capitalizing on the higher returns offered by Treasuries amid the current market conditions.