Bitcoin, Ether ETFs Lose $520M as XRP Bucks Fed Rate-Hike Selloff

U.S. Bitcoin and Ether ETFs experienced a combined loss of $520.09 million following the Federal Reserve's first interest-rate increase since 2023. Blackrock led this selloff as Wall Street addressed inflation. Conversely, XRP, Solana, and HYPE funds maintained modest inflows despite the pressure. Following the rate hike, Bitcoin showed modest daily gains, coiling near $76.5K as U.S. stocks rebounded. The crypto market reacted diversely to the Federal Reserve's monetary policy shift and the subsequent stock market recovery.