{"id":17584,"date":"2024-10-07T17:31:51","date_gmt":"2024-10-07T14:31:51","guid":{"rendered":"https:\/\/forklog.com\/en\/fed-rate-uncertainty-triggers-crypto-fund-outflows\/"},"modified":"2024-10-07T17:31:51","modified_gmt":"2024-10-07T14:31:51","slug":"fed-rate-uncertainty-triggers-crypto-fund-outflows","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fed-rate-uncertainty-triggers-crypto-fund-outflows\/","title":{"rendered":"Fed Rate Uncertainty Triggers Crypto Fund Outflows"},"content":{"rendered":"

From September 29 to October 5, cryptocurrency investment funds experienced outflows totaling $147 million, following an inflow of $1.29 billion the previous week, according to CoinShares<\/a>.<\/p>\n

\"1-1243\"
Data: CoinShares.<\/figcaption><\/figure>\n

This negative trend emerged after three weeks of inflows.<\/p>\n

Experts noted that stronger-than-expected macroeconomic data reduced the likelihood of significant monetary policy easing, leading to deteriorating investor sentiment.<\/p>\n

Trading volume for ETP<\/span> increased by approximately 15%, reaching $10 billion.<\/p>\n

Clients withdrew $159 million from bitcoin-related instruments after an inflow of $1.07 billion the previous week.<\/p>\n

Investors added $2.8 million to structures allowing short positions on digital gold (compared to $8.8 million in the previous reporting period).<\/p>\n

Ethereum funds saw renewed outflows of $29 million following inflows of $87 million the week before.<\/p>\n

Clients increased their positions in Solana-based instruments by $5.3 million and in Litecoin-based ones by $0.9 million.<\/p>\n

Altcoin-based products attracted $29.4 million.<\/p>\n

\"2-907\"
Data: CoinShares.<\/figcaption><\/figure>\n

BTC-ETF<\/h2>\n

From September 30 to October 4, investors withdrew $301.5 million from spot bitcoin ETFs, according to SoSoValue<\/a>. This negative trend followed three weeks of inflows.<\/p>\n

\"3-512\"
Data: SoSoValue.<\/figcaption><\/figure>\n

The main contributors to the outflows were:<\/p>\n