Macro· ★★★· bearish·

CoinShares: Bitcoin fund inflows slow as Treasury yields climb

  • —Crypto fund inflows since mid-July total about $11.1 billion
  • —Digital asset inflows slowed markedly this week
  • —The 10-year U.S. Treasury yield rose above 5.3%
  • —October Fed hike odds fell from 71% to 23%
Why it matters: Rising Treasury yields are pressuring Bitcoin and could accelerate outflows from crypto funds.
Source: Coinfomania