{"id":17000,"date":"2024-09-16T15:20:00","date_gmt":"2024-09-16T12:20:00","guid":{"rendered":"https:\/\/forklog.com\/en\/hopes-for-a-50-basis-point-fed-rate-cut-revive-crypto-fund-inflows\/"},"modified":"2024-09-16T15:20:00","modified_gmt":"2024-09-16T12:20:00","slug":"hopes-for-a-50-basis-point-fed-rate-cut-revive-crypto-fund-inflows","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hopes-for-a-50-basis-point-fed-rate-cut-revive-crypto-fund-inflows\/","title":{"rendered":"Hopes for a 50 Basis Point Fed Rate Cut Revive Crypto Fund Inflows"},"content":{"rendered":"<p>Inflows into cryptocurrency investment funds amounted to $436 million from September 8 to 14, following an outflow of $726 million the previous week, according to <a href=\"https:\/\/blog.coinshares.com\/volume-200-digital-asset-fund-flows-weekly-report-57a537a57c52\">CoinShares<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-895.webp\" alt=\"2-895\" class=\"wp-image-241180\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<p>Analysts attributed the reversal in dynamics to a sharp increase in expectations for a 50 basis point cut in the interest rate by the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span>.<\/p>\n<p>The likelihood of more aggressive action on September 17-18 rose to 57%. A week ago, traders assessed these chances at 30%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"106\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1214-1024x106.png\" alt=\"1-1214\" class=\"wp-image-241182\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1214-1024x106.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1214-300x31.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1214-768x80.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1214.png 1300w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html?redirect=\/trading\/interest-rates\/countdown-to-fomc.html\">CME Fedwatch<\/a>.<\/figcaption><\/figure>\n<p>The trading volume of <span data-descr=\"exchange-traded product\" class=\"old_tooltip\">ETP<\/span> remained near $8 billion, compared to this year&#8217;s average of $14.2 billion.<\/p>\n<p>Negative sentiment continued to dominate Ethereum funds, with outflows slowing from $98.1 million to $19 million.<\/p>\n<p>Clients directed $436 million into bitcoin-related instruments after withdrawing $643 million.<\/p>\n<p>Investors withdrew $8.5 million from structures allowing short positions on digital gold (in the previous reporting period, they added $3.9 million).<\/p>\n<p>Solana-based products received $3.8 million (previously <em>\u2014<\/em> $6.2 million). The positive trend continued for the fourth consecutive week.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-506.webp\" alt=\"3-506\" class=\"wp-image-241181\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<p>Earlier, trader Vladimir Cohen examined the current state of altcoins.<\/p>\n<p>Bitfinex noted that this category of the cryptocurrency market remains relatively strong amid bitcoin&#8217;s weakening, while analyst and MN Trading founder Micha\u00ebl van de Poppe observed a bullish impulse in several tokens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflows into cryptocurrency investment funds amounted to $436 million from September 8 to 14, following an outflow of $726 million the previous week, according to CoinShares. Data: CoinShares. Analysts attributed the reversal in dynamics to a sharp increase in expectations for a 50 basis point cut in the interest rate by the Fed. The likelihood [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1191,1249,1224,1145],"class_list":["post-17000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinshares","tag-federal-reserve-system","tag-macroeconomics","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17000"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16999"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}