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Bitcoin ETF outflows slow but Fed rate hike fears weigh on crypto recovery prospects

Market News
22 Jun 2026
Coindesk
View Source
Bearish
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Bitcoin spot ETFs in the U.S. saw outflows ease to $228 million last week, marking a slowdown after six consecutive weeks of withdrawals totaling nearly $6 billion. This suggests institutional investors are becoming more cautious but less aggressive in exiting crypto positions. Meanwhile, U.S. two-year Treasury yields have risen to 16-month highs, reflecting expectations of further Fed interest rate hikes, which could dampen inflation and risk asset prices, including cryptocurrencies. The divergence between falling oil prices and rising bond yields signals a shift from geopolitical to monetary policy risks, implying limited short-term upside for Bitcoin's price recovery.

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