Bitcoin ETF Outflows Leave BTC Exposed as Bond Underweight Hits 44%

US spot Bitcoin ETFs posted $1.6 billion of net outflows over 10 days as Bank of America's May survey showed fund managers were a net 44% underweight bonds. The US 10-year yield reached 4.6653% on May 19 while BTC traded near $77,000.
BTC0.6%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned