Bitcoin ETFs See $600 Million Exodus as Fed Takes Hawkish Turn

Digital asset investment products, particularly those focused on Bitcoin, experienced significant outflows of $600 million last week, marking the largest weekly withdrawal since March 22, 2024. Crypto reporter Colin Wu attributed this sharp decline to a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting, which prompted investors to reduce their exposure to fixed-supply... source: https://coinedition.com/bitcoin-etfs-see-600-million-exodus-as-fed-takes-hawkish-turn/