$470 Million Vanishes From Bitcoin ETFs After Fed Rate Move — Is Liquidity Drying Up?

Bitcoin ETFs suffered a sharp pullback this week after the US Federal Reserve reduced interest rates by 25 basis ￰0￱ to data from Farside Investors, spot Bitcoin ETFs listed in the US saw $470 million in outflows on ￰1￱ marked their biggest single-day decline in two ￰2￱ ETFs Record Largest Withdrawals in Weeks Fidelity’s FBTC led the outflows with $164 million, followed by ARK Invest’s ARKB at $143 million. BlackRock’s IBIT saw $88 million in redemptions while Grayscale’s GBTC recorded $65 million. Bitwise’s BITB reported a smaller $6 million ￰3￱ ETF market bled on Wednesday |