Spot Bitcoin ETFs have registered a five-day withdrawal streak on Thursday ahead of the having.

GBT led the outflows while inflows into Black Rock's iBit continue to slow according to Farside Data.

Since April 12th, the ETFs have witnessed a total of over $319 million in outflows.

On Thursday, GBT saw a significant loss of $90 million in outflows, which was partially

offset by inflows into FDIC's FD and Black Rock's Ibit.

Grayscale's ETF has been losing money since day one.

Bitcoin's price was at around $65,000, up almost 4% as of 10 a.m. Eastern time, and

the CoinDisc 20 was also up almost 4% at of 10 a.m. Eastern time. And the CoinDusk 20 was also up almost 4% at around

$2,200. The probability that the U.S. Federal Reserve will keep interest rates unchanged this year

is rising. Vettors on blockchain-based betting site Pauly Market now see a 32% chance of the Fed,

keeping the benchmark interest rate steady between 5.25% and 5.5% and 5.5% by the end of the year.

This is a significant change from the 7% probability seen nearly a month ago.

The hawkish shift in the market sentiment could damp in the demand for risk assets, including cryptocurrencies and technology stocks.

According to some analysts, Bitcoin surged to record highs above $73,000 in the primary quarter

was primarily fueled by the anticipation of swift interest rate cuts.

And Tether seeks to boost peer-to-peer payments on Telegram by expanding the dollar-backed

stablecoin and its gold-backed ex-A-U-T

natively on the Ton network, a blockchain adjacent to the messaging app Telegram.

Tether's transparency page shows that there's $10 million worth of USDT authorized on the

Tahn blockchain with $3 million already being used.

With the move, the firm hopes to boost both cryptocurrencies for borderless peer-to-peer payments

among telegram's nearly 900 million users,

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