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macroimpact
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๐ด Bearish
๐จ Institutional ETF Outflows Hammering BTC & ETH!
Heavy outflows from Bitcoin and Ethereum ETFs, particularly from BlackRock's IBIT, are a major driver of today's market weakness. The Fed's 'higher-for-longer' rate stance is prompting institutions to de-risk.
๐ Market Impact: This liquidity drain is putting significant selling pressure on major cryptos. Expect continued volatility and a tough environment for risk-on assets.
#ETFs #MacroImpact
๐จ Institutional ETF Outflows Hammering BTC & ETH!
Heavy outflows from Bitcoin and Ethereum ETFs, particularly from BlackRock's IBIT, are a major driver of today's market weakness. The Fed's 'higher-for-longer' rate stance is prompting institutions to de-risk.
๐ Market Impact: This liquidity drain is putting significant selling pressure on major cryptos. Expect continued volatility and a tough environment for risk-on assets.
#ETFs #MacroImpact
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