The Federal Reserve’s latest meeting minutes come to the forefront: most officials expect there will be another rate hike within the year.
Meanwhile, U.S. spot Bitcoin ETFs recorded a net outflow of $484.9 million on October 7, the worst single day since June. This wiped out about 80% of the $595.3 million cumulative inflow from the previous nine trading days, leaving net inflows over the 10-day window at $110.4 million. Cumulative net inflows still stand at $57.8 billion.
The current price of $BTC is around $80,700, down 3% over the past 24 hours.
Institutional capital hasn’t left—it's just slowed the pace of entry. #BitcoinETF
Meanwhile, U.S. spot Bitcoin ETFs recorded a net outflow of $484.9 million on October 7, the worst single day since June. This wiped out about 80% of the $595.3 million cumulative inflow from the previous nine trading days, leaving net inflows over the 10-day window at $110.4 million. Cumulative net inflows still stand at $57.8 billion.
The current price of $BTC is around $80,700, down 3% over the past 24 hours.
Institutional capital hasn’t left—it's just slowed the pace of entry. #BitcoinETF