Bitcoin ETFs See $200M Net Outflows

Bitcoin ETFs recorded a significant outflow of $200 million, marking the highest since May 1. Grayscale’s GBTC was the most affected, with $120 million in outflows. The market is in a risk-off mode ahead of the CPI report and the FOMC meeting, which will provide insights into the Fed’s interest rate projections. Read more on CoinDesk.