Bitcoin ETF Attracts $75M as Goldman Sachs Calls December Fed Rate Cut

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U.S. spot Bitcoin ETFs recorded $74.6 million in net inflows on November 4, ending three consecutive sessions of withdrawals totaling $1.16 billion. Fidelity led the recovery with approximately $236.7 million flowing into its Wise Origin Bitcoin Fund, while BlackRock’s iShares Bitcoin Trust recorded $201.2 million in outflows. Bitcoin recovered above $81,000 after falling to a seven-week low near $75,600. Goldman Sachs delayed its rate-cut forecasts by one quarter, now expecting reductions in December 2026 and March 2027 because of persistent inflation and a resilient labor market. Bank of America also shifted its expected cuts to the third quarter of 2027, creating a less favorable backdrop for risk assets despite renewed fund inflows.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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