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Bitcoin's ETF Inflow Streak Breaks Into a Hawkish Fed

Published September 17, 20267 min read
Line chart of Bitcoin, last 90 days (USD) on a dark background
Bitcoin's ETF inflow streak broke as the Fed hiked rates — but the flagship IBIT fund kept buying. Illustration: MarketIntelLabs

Bitcoin's seven-day ETF inflow streak broke on Wednesday with a net $51.3 million outflow, the first crack in the longest run of institutional buying since late August, and it happened for the most straightforward reason in markets: the Federal Reserve raised rates for the first time since 2023 and signaled more to come. The question this premium brief sets out to answer is whether that outflow is the start of a multi-day drawdown or a one-day blip inside a longer accumulation story. The data cuts both ways, and the honest answer is that the market has not yet decided.

Key Takeaways Bitcoin spot ETFs saw a net $51.3M outflow on September 17, ending a seven-day inflow streak per SoSoValue. The…

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