🚨 Crypto Market Shake-Up! 🚨
- Spot Bitcoin ETFs in the U.S. saw $680M in outflows as BTC dipped below $96K. The Fed's cautious stance on future rate cuts spooked investors, leading to a 4.5% market drop. 📉
- Fidelity's FBTC led the outflows, while WisdomTree's BTCW bucked the trend with $2.05M in inflows.
- Ethereum ETFs weren't spared, logging $60.47M in outflows, yet cumulative inflows remain positive at $2.4B.
What's your take on the Fed's impact on crypto? Share your thoughts below! 💬