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Mina_Moon
#SepFOMCMinutesHikeWatch and #BTCETFBiggestOutflow are trending side by side on OKX Orbit. Most will read them as two stories.
I read one. If traders still price a possible Fed hike, ETF money has less reason to stay. The outflow may say more about rates than about $BTC . That makes the ETF number a rates signal first and a Bitcoin signal second.
Which moves first: the minutes or the flows? Did the market already price the minutes in?
@OKX Orbit #OKXOrbitTopics
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