🚨 Bitcoin ETF Outflows Amid Fed’s Stance on Rate Cuts
Bitcoin ETFs saw significant outflows as BTC dropped 3%,
following Fed Chair Jerome Powell’s comments suggesting rate
cutsare unlikely. From Nov. 14-15, major ETFs reported outflowstotaling $640 million, offsetting gains from earlier inflows.
💸 Key Outflows:
Fidelity’s FBTC: $175.1M
ARK & 21Shares ARKB: $108.6M
Grayscale Mini Trust: $47M
📈 Bullish Sentiment Remains Strong: Despite short-term
selling, optimism persists with projections of Bitcoin reaching
100k. Chart analysis shows a breakout from a bullish pattern,
suggesting potential for a further rally.
Current $BTC price: $91,132, up 1.3% in the last 24 hours.
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