Bitcoin, Ether ETFs Rebound as Powell Signals Rate Cuts

US spot Bitcoin and Ether exchange-traded funds (ETFs) noticed inflows on Tuesday as Federal Reserve Chair Jerome Powell hinted additional fee cuts might come earlier than year-end.

Spot Bitcoin (BTC) ETFs noticed $102.58 million in web inflows, rebounding from a $326 million outflow a day earlier, in accordance with knowledge from SoSoValue. Constancy’s Sensible Origin Bitcoin Fund (FBTC) led beneficial properties with $132.67 million in inflows, whereas BlackRock’s iShares Bitcoin Belief (IBIT) posted a modest outflow of $30.79 million.

Whole web property throughout all spot Bitcoin ETFs reached $153.55 billion, representing 6.82% of Bitcoin’s market cap, whereas cumulative inflows stood at $62.55 billion.

Ether (ETH) ETFs mirrored the turnaround, recording $236.22 million in web inflows following Monday’s steep $428 million outflow. Constancy’s Ethereum Fund (FETH) topped the record with $154.62 million, adopted by Grayscale’s Ethereum Fund (ETH) and Bitwise’s Ethereum ETF (ETHW) with $34.78 million and $13.27 million, respectively.

Associated: US spot Bitcoin, Ether ETFs shed $755M after crypto market crash

Powell hints at extra fee cuts

Federal Reserve Chair Jerome Powell signaled Tuesday that the US central financial institution is nearing the tip of its stability sheet discount program and is getting ready for potential fee cuts because the labor market weakens.

Talking on the Nationwide Affiliation for Enterprise Economics convention, Powell stated the Fed might quickly cease its “quantitative tightening” course of, noting that reserves are “considerably above the extent” in step with ample liquidity.

“An October fee reduce may have markets retreating, with crypto and ETFs seeing liquidity circulate and sharper strikes,” Vincent Liu, chief funding officer of the Taiwan-based firm Kronos Analysis, advised Cointelegraph.

“Count on digital property to really feel the carry as capital seeks effectivity in a softer fee setting,” he added.

Associated: Bitcoin ETFs keep ‘Uptober’ momentum with $2.71B in weekly inflows

Crypto merchandise keep resilient amid latest crash

As Cointelegraph reported, crypto funding merchandise confirmed robust resilience throughout final week’s market turbulence, recording $3.17 billion in inflows regardless of a serious flash crash triggered by renewed US-China tariff tensions, in accordance with CoinShares.

CoinShares stated Monday that final Friday’s panic led to solely $159 million in outflows, at the same time as $20 billion in positions had been liquidated throughout exchanges. The resilience helped push whole inflows for 2025 to $48.7 billion, already surpassing final 12 months’s whole.