Updated
Updated · The Wall Street Journal · Apr 29
Bitcoin spot ETFs see $263 million net outflow as inflow streak ends
Updated
Updated · The Wall Street Journal · Apr 29

Bitcoin spot ETFs see $263 million net outflow as inflow streak ends

2 articles · Updated · The Wall Street Journal · Apr 29
  • A net outflow of $263.2 million from bitcoin spot ETFs was recorded yesterday, breaking a two-week run of positive inflows ahead of the Federal Reserve's interest rate decision.
  • Bitcoin's price fell 1.2% to $76,015 as investors locked in gains and positioned for potential Fed guidance, with $93 billion in long positions liquidated in the past 24 hours.
  • Market participants expect the Federal Reserve to keep rates unchanged but are watching for signals on future policy, as cautious monetary stances could pressure non-yielding assets like bitcoin.
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