Fed Operations: $1.85 Billion Repo Draws Attention On February 17, the Fed's single-day repo operation reached $1.85 billion, marking the fourth-largest injection since the pandemic. However, the amount sharply dropped over the next two days, with no signs indicating a shift in policy trends. Meanwhile, Bitcoin ETF has seen outflows for five consecutive weeks, totaling around $4 billion, with demand remaining under pressure. (cryptoslate)