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Bitcoin ETFs Cool as Crypto Funds Post Biggest Losses Since March - Decrypt

Retrieved on: 2024-06-17 15:50:56

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Summary

The article discusses significant outflows from crypto exchange-traded products (ETPs) due to the Federal Reserve’s economic outlook, which affects various products including Bitcoin ETFs. Investors' preferences for safer assets under high-interest-rate scenarios are highlighted, showing an interplay between market sentiment and crypto funds.

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