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CoinOtag 2024-06-20 14:50:42

Bitcoin Funds Lead $600 Million Crypto ETF Outflows Amid Hawkish Federal Reserve Stance

Crypto ETFs saw significant outflows totaling $600 million, with Bitcoin funds particularly hit hard. Meanwhile, certain altcoins like Ether demonstrated resilience, attracting modest inflows amid the broader downturn. AI-linked cryptocurrencies such as FET and RNDR plunged by up to 30%, coinciding with peaks in Google search interest. Crypto investment products face heavy withdrawals as Bitcoin

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