Fed Rate Hike Odds Surge to 84% as Bitcoin ETFs See $1.28B Outflows

Key Facts

Odds for a Federal Reserve interest rate hike in December have climbed to 84%. According to the CME Group FedWatch tool, these surging expectations coincided with US spot Bitcoin ETFs recording net outflows of $1.28 billion over the past week.

CME Group stock closed at $304.52 on November 9, 2026, after reaching a session high of $307.99. The massive withdrawals from crypto assets reflect a shift in capital toward higher yield expectations as persistent inflation risks drive hawkish monetary policy sentiment.

Market participants are looking ahead to US inflation data on November 10, 2026, with the annual Inflation Rate forecasted at 3.9%, alongside a scheduled speech by Fed Governor Waller on the same day.