Spot Bitcoin ETF funds in the US have recorded net outflows of about 461 million USD this week, significantly reversing the inflow level of around 1 billion USD from the previous week. As of September 11, the funds have experienced four consecutive sessions of withdrawals, with total outflows of about 13.3 million USD.
Macroeconomic pressure
Analysts believe the decline in retail investor interest, along with expectations that the Fed will maintain or raise interest rates, is putting pressure on capital flows into Bitcoin investment products.
Meanwhile, BTC is still struggling to reclaim the 80,000 USD level as US Treasury bond yields remain elevated, approaching 5%. A high-yield environment may make risk assets such as Bitcoin less attractive when investors prioritize fixed-income assets.
Macroeconomic pressure
Analysts believe the decline in retail investor interest, along with expectations that the Fed will maintain or raise interest rates, is putting pressure on capital flows into Bitcoin investment products.
Meanwhile, BTC is still struggling to reclaim the 80,000 USD level as US Treasury bond yields remain elevated, approaching 5%. A high-yield environment may make risk assets such as Bitcoin less attractive when investors prioritize fixed-income assets.