Crypto ETFs draw $2.39 billion as Bitcoin retreats on Treasury yield surge
strategic_reserves
Crypto ETFs attracted $2.39 billion in inflows even as Bitcoin retreated amid a sharp rise in U.S. Treasury yields. The divergence suggests continued institutional demand for crypto exposure, but also highlights Bitcoin’s sensitivity to tightening financial conditions and higher risk-free returns. Sustained yield increases could weigh on Bitcoin prices despite strong ETF demand.
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