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Bitcoin Slides as Spot ETFs Shed $463M Ahead of Fed Rate Decision

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The Story

News Summary

  • US spot Bitcoin ETFs experienced their worst week in months, logging roughly $462.7 million in net outflows between September 8 and 11.
  • Institutional demand cooled as markets priced in an 87% chance of a Fed rate hike, strengthening yields and pressuring non-yielding risk assets.
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BTCUSD price history

75534.11 +12.74% over the displayed period

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