U.S. Bitcoin ETFs Bleed Record $563M Even as Fed's Powell Rules Out Rate Hike
Briefly

from Coindesk2 weeks ago
Investors pulled a record $563 million from U.S.-based spot bitcoin ETFs, despite Powell dismissing rate hike prospects.
Coindeskhttps://www.coindesk.com/markets/2024/05/02/us-bitcoin-etfs-bleed-record-563m-even-as-feds-powell-rules-out-rate-hike/
Fidelity's FBTC led outflows with $191.1 million withdrawals, a concerning shift after consistently attracting funds in Q1.
Coindeskhttps://www.coindesk.com/markets/2024/05/02/us-bitcoin-etfs-bleed-record-563m-even-as-feds-powell-rules-out-rate-hike/
Read at Coindesk
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