ETFs Suffer $465M Outflow Ahead of FOMC Meeting

Bitcoin ETFs experienced a significant outflow of $465 million over Thursday and Friday, marking an end to a strong inflow period that saw $1 billion in seven sessions.

This shift was highlighted by @bitfinex's tweet, which noted the odds of an interest rate hike during Wednesday's FOMC meeting have increased from 12% to 38%

Traders are now left wondering if buying will resume following this pivotal meeting. The recent outflow illustrates a significant shift in market dynamics.