#BTCPrediction - Institutional investors reduce exposure to Bitcoin ahead of the FOMC: impact.
On Tuesday, Bitcoin spot ETFs recorded net outflows, breaking a three-day streak of inflows that had attracted over 1 billion dollars.
With the uncertainty surrounding the upcoming Federal Reserve policy decision, institutional investors appear to be reducing their exposure in anticipation of increased market volatility.
Institutions move away from BTC ETFs as the Fed decision approaches
BTC spot ETFs saw net outflows of 85.64 million dollars on Tuesday, marking a shift in sentiment among institutional investors just before today's Federal Reserve policy meeting.
On Tuesday, Bitcoin spot ETFs recorded net outflows, breaking a three-day streak of inflows that had attracted over 1 billion dollars.
With the uncertainty surrounding the upcoming Federal Reserve policy decision, institutional investors appear to be reducing their exposure in anticipation of increased market volatility.
Institutions move away from BTC ETFs as the Fed decision approaches
BTC spot ETFs saw net outflows of 85.64 million dollars on Tuesday, marking a shift in sentiment among institutional investors just before today's Federal Reserve policy meeting.
The outflows occurred after three consecutive days of strong inflows, totaling over 1 billion dollars, into these BTC-backed funds. This suggests a pullback as market participants brace for potential volatility surrounding today's FOMC announcement.
If demand for BTC surges and market conditions remain favorable after the FOMC meeting, it could rise towards 102,080 dollars.