In recent market shifts, investors pulled a staggering 680 million from Bitcoin ETFs on Thursday. This marks the highest one-day outflow since the approval of these funds in January 2024. The recent surge in investor withdrawal comes amid changing market expectations for interest rate cuts by the Federal Reserve, aiming for 2025. Grayscale and Bitwise Bitcoin ETFs faced significant repercussions, experiencing an 8 percent decline after the outflow. This drop in investor confidence also coincided with Bitcoin’s price decline, which fell 5 percent to around 97,400. As a result, the implications of this massive outflow show how market sentiment can sway the cryptocurrency landscape dramatically. Investors need to stay alert for future fluctuations as the market adapts to new developments.