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Bitcoin ETFs Snap 9-Day Inflow Streak Amid Fed Rate Hike Jitters

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The Story

News Summary

  • U.S.
  • spot Bitcoin ETFs saw a record $201.9 million in net outflows on August 28, ending a nine-day inflow streak.
  • While significant, this single-day reversal is small compared to cumulative inflows and may reflect strategic rebalancing rather than a shift in demand, though broader market caution due to potential Fed rate hikes persists.
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