Bitcoin ETFs crushed by billions in outflows as Treasuries stifle interest-rate cut hopes
Bitcoin ETFs suffered $1.32 billion in weekly outflows as Treasury yields signal prolonged higher interest rates under new Federal Reserve Chair Kevin Warsh. The 11 U.S.-listed spot Bitcoin ETFs alone saw $1.26 billion exit, while Ethereum funds lost $223 million. Elevated borrowing costs typically dampen risk assets like cryptocurrencies, pushing investors toward traditional alternatives and IPOs.
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