The US spot bitcoin and Ether Exchange-Traded Funds (ETFS) saw outflows on Tuesday as Federal Reserve Chair Jerome Powell said additional rates could come before the end of the year.
Spot bitcoin (Btc) ETFs saw $ 102.58 million in net inflows, returning from a $ 326 million flow a day before, According to in data from sosovalue. Fidelity’s Bitcoin Fund (FBTC) intelligent origin led to the acquisitions of $ 132.67 million in blackrock, while Blackrock’s ishares posted a moderate flow of $ 30.79 million.
Total net assets across All spots bitcoin etf Up to $ 153.55 billion, which represents 6.82% of the Bitcoin market cap, while the combined -co -operation stands at $ 62.55 billion.
Ether (Eth) The ETFS reflects the twist, recording $ 236.22 million in net inflows following a steep $ 428 million flow. Fidelity’s Ethereum Fund (Feth) led the list with $ 154.62 million, followed by the Grayscale’s Ethereum Fund (Eth) and the ETF of Bitwise (Eth) with $ 34.78 million and $ 13.27 million, respectively.
Related: US SPOT BITCOIN, ETHER ETFS poured $ 755m after crashing into the crypto market
Powell’s hints at more rate cuts
Signed by Federal Reserve Chair Jerome Powell on Tuesday that the US Central Bank is near the end of its balance sheet program and prepares for potential rates as the labor market has weakened.
Speaking at the National Association for Business Economics Conference, Powell Says The Fed may stop the “volume of tightness” process, noting that the reserves are “somewhat above the level” corresponding to many liquidity.
“An October rate cut will have groceries to fly, including crypto and ETFs seeing liquidity flow and Sharper moves,” Vincent Liu, Taiwan -based Kronos Research -based Kronos Research, Vincent Liu -based investment official.
“Expect digital assets to feel lifting while capital is looking for efficiency at a softer environmental rate,” he added.
Related: Bitcoin ETF maintains a ‘uptober’ momentum with $ 2.71B in weekly flow
Crypto products remain elastic in the middle of crashing
As Cointelegraph reported, Crypto investment products showed strong stability in the market disturbance last week, Recording $ 3.17 billion in flows In spite of a basic flash crash that has been that -trigger by changed US-China’s tariff tensionAccording to Coinhares.
Coinhares said on Monday that the shock last Friday led to only $ 159 million in streams, though $ 20 billion in positions are liquid in exchanges. The elastic helped push the total flow for 2025 to $ 48.7 billion, which exceeded the rest of last year.
“Avoiding US-China’s tariff tensions and a revised trading of debasement that shouts on gold strength walks fresh demand for digital properties,” Liu said.
Magazine: Delayed
