SHIFT
ETF
BTC
DROPS
RSRV
The Fed has signalled the end of its long-running balance sheet runoff, a big change in monetary policy. After reducing its asset portfolio from nearly $9 trillion down to about $6.6 trillion, the central bank stated it will stop this reduction and start reinvesting money from bonds that are paid off, effectively putting its quantitative tightening (QT) on hold.
At the same time, the Fed injected about $29.4 billion into the banking system via its standing repo facility (SRF) on October 31, the largest such operation since t…
Read The Full Article Bitcoin Price Drops 10% on ETF Outflows, Ignoring Fed’s New Liquidity Shift On Coin Edition.