Bitcoin ETF Inflows Take a 35% Nosedive as Fed Plays Chicken With Rate Cuts
Wall Street’s crypto love affair hits a speed bump—ETF inflows shrivel by over a third as Powell & Co. keep rates frozen. Traders who bet on a June cut now licking wounds alongside their over-leveraged altcoin bags.
Funny how ’macroeconomic uncertainty’ only ever seems to bite crypto investors—your pension fund’s S&P 500 ETF? Smooth sailing, naturally.