Markets· ★★★★· bearish·

BlackRock bitcoin ETF outflows accelerate on inflation and high rates

  • —IBIT outflows accelerate as inflation stays above the Fed's target
  • —Treasury and deposit yields offer risk-free alternatives to bitcoin
  • —Sustained redemptions force the ETF issuer to sell BTC, adding pressure
  • —US inflation data and Fed rate signals are the key triggers to watch
Why it matters: ETF flows remain the top gauge of institutional demand; prolonged outflows would add further pressure on BTC price.
#BTC
Source: CriptoTendencias
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