CoinShares: $679M Bitcoin ETF Outflows and Rate-Hike Bets Weigh on BTC
- —BTC fell from $87,000 to $80,300 and rebounded to $83,500, still 33% below its October 2025 peak
- —U.S. spot Bitcoin ETFs saw $679 million in weekly net outflows, including $485 million on Wednesday
- —Ethereum ETFs lost nearly $700 million over nine consecutive trading days
- —10-year Treasury yield hit 5.37%, the highest since 2002, with markets pricing a 20% chance of an October hike
Why it matters: The CPI print will determine whether Bitcoin holds $80,000 or extends losses amid ETF outflows and tightening expectations.
Source: PANews