📈 Crypto News! 📉
In the days leading up to the US FOMC meeting, local investors bought Bitcoin ETFs. However, the picture changed after the meeting.
🔹 **Bitcoin ETF**: Despite the 50 basis point interest rate cut, Bitcoin ETFs saw net outflows of $52.7M. ARKB led with $43.4M in withdrawals.
🔹 **Ethereum ETF**: Ethereum ETFs also suffered, with net outflows of $9.8M. ETHE led with $14.7M in withdrawals.
💬 What do you think about these fluctuations? Comment below!