Bitcoin ETF Demand Split as $82M Exits Category After Fed Decision

A recent analysis of Farside data reveals that $82.2 million left Bitcoin ETFs, indicating a split in demand after the Federal Reserve's interest rate decision.

However, some funds within the category still drew inflows, such as FBTC and MSBT, suggesting that investors remain interested in certain Bitcoin-linked products.

The outflows from Bitcoin ETFs come at a time when the broader cryptocurrency market is experiencing volatility, with BTC trading at around $424,044.48, down 2.45% over the past day.