In a significant turn of events, US Bitcoin exchange-traded funds (ETFs) have experienced their largest single-day outflow, totaling an astounding $680 million on December 19, 2024. Leading the charge, Fidelity’s FBTC accounted for $208.55 million of this withdrawal. This pullback reflects investors’ reactions to the Federal Reserve’s hawkish outlook on future interest rate cuts. As the market adjusts to these changes, ETF investors are closely monitoring potential impacts on Bitcoin’s price and overall market sentiment.