The probability of a December Fed rate hike rose to 84%, while U.S. spot Bitcoin ETFs saw $1.28 billion in outflows last week. This was the largest weekly outflow since late June, reports BeInCrypto, citing data from CME Group and SoSoValue.
According to CME FedWatch, the probability of a hike to 4.00–4.25% is 84.4%, while the probability of rates staying in the current range is 15.6%. Net flows into Bitcoin ETFs since the start of 2026 have fallen to about minus $914 million.
Expectations of a rate hike rose after strong employment data: 165,000 jobs were added in October, compared with a forecast of 65,000, and unemployment fell to 4.1%.
