Bitcoin ETF snapshot: Outflows follow hawkish FOMC meeting

Hundreds of millions of investor assets exited bitcoin ETFs last week amid concerns over potential monetary policy shifts and a more hawkish-than-expected stance from the Federal Open Market Committee.

It marked the highest weekly outflow total for the segment in about three months.  

Ten US spot bitcoin ETFs collectively bled roughly $580 million from June 10 to June 14, according to Farside Investors data.     

This was a stark reversal from the week before — when the funds brought in more than $1.8 billion. The $887 million of inflows the category saw on June 4 alone was the second-highest total in a single day since the US bitcoin ETFs launched in January. The net money…

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