ETF redemptions have declined for six consecutive weeks but at a slowing pace, the most panic-stricken phase for institutions seems to be over. Now, the market is readjusting expectations for interest rate hikes rather than geopolitical risks.

CoinWorld news: With traders returning to the market after the U.S. holiday, Bitcoin spot ETFs once again recorded $228 million in outflows over the past week, marking the sixth consecutive week of net outflows. Total outflows have reached $5.94 billion. Although the market has yet to recover sustained net inflows, the slowing pace of redemptions suggests that the most aggressive phase of institutional de-risking is beginning to ease. Meanwhile, there has been a significant decoupling between the U.S. two-year Treasury yield and WTI oil futures. Even as oil prices have plunged, the two-year yield has hovered around 4.21%, the highest level since February 2025. This shift indicates that resistance from oil prices and geopolitics has been replaced by expectations of further Fed rate hikes.