Analyst: The unusual flow of spot Bitcoin ETFs appears to be influenced by investors' uncertainty regarding the Federal Reserve's interest rate path.

ChainCatcher news, BTC Markets cryptocurrency analyst Rachael Lucas stated that the unusual flow of spot Bitcoin ETFs seems to be influenced by investors' uncertainty regarding the Federal Reserve's interest rate path, especially with a significant economic report expected to be released in the U.S. on May 31. If U.S. inflation data exceeds expectations and personal income and spending trends rise, it could dampen investor optimism about the Fed potentially cutting rates in September. A more hawkish Fed may negatively impact the demand for risk assets, including Bitcoin and related ETFs.