You Won’t Believe How Crypto Is Bleeding Millions While Hopping on Fed Rate Rollercoasters! 🤑

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Well, if you had your dicky-bow tied and your monocle polished, you’d be tickled-or perhaps horrified-to learn that crypto funds have pirouetted away with a cool $352 million in outflows just last week. Trading volumes took a nosedive too, plummeting a sprightly 27%. Yet, if you squint and peer through the fog of despair, the yearly inflows still swagger about robustly at a nifty $35.2 billion. Jolly good show, or complete ballyhoo? 🤔

Bitcoin’s the Dandy, Ethereum’s Having a Rough Tuesday

According to that ever-diligent crew at CoinShares’ Digital Asset Fund Flows Weekly Report, despite the US toff-factory hobbling payroll figures and whispers of a cosy September Fed interest rate cut, crypto products found themselves staring at the exit doors more than the welcome mat.

Let’s tip our hats to Bitcoin (BTC) products-they gallantly attracted $524 million in funds, like a magnet at a galahad’s ball. And data from SoSoValue reveals $144 billion worth of BTC stuck tighter than Aunt Agatha’s corset in investment products, making up almost 6.5% of the market cap. Quite the clutch, one might say!

Meanwhile, Ethereum (ETH) products appear to be staging a slow, steady retreat, coughing up $912 million last week. Unlike a flash in the pan, these poor devils saw outflows every single day for the past seven trading sessions. It’s as if someone pronounced a doom spell on them at tea time.

Ethereum Outflows

That said, don’t count Ethereum out just yet-its exchange-traded products remain busy as bees with $11.2 billion hoarded this year and a tidy $27.64 billion lounging in US spot ETH ETPs. Take that, gloomsters!

And those other merry altcoins, like Solana (SOL) and XRP, have been merrily welcoming $16.1 million and $14.7 million respectively. Rumour has it-whisper it in hushed tones-that regulated XRP spot ETFs are nervously tiptoeing towards a US debut. Exciting times, old sport.

Looking geographically, the US saw $440 million scampering away, while Germany and Hong Kong played host to inflows of $85.1 million and $8.1 million. Even the kangaroos in Australia, the samba dancers in Brazil, and the polite folk in Canada threw some coin into the pot.

Crypto Country Inflows

Rebound? Or Just Another Crypto Comedy?

With crypto ETPs taking a bit of a kicking, one might suspect interest in digital assets is about as lively as a damp biscuit. Yet, BTC and ETH prices cling like eager debutantes near their all-time highs, suggesting these high net outflows might be nothing more than a temporary hiccup-or perhaps the market’s way of saying, “Carry on, old chap!”

Institutional Bitcoin adoption just hit a smashing milestone: over one million Bitcoins now wedged in public companies’ portfolios. Likewise, ETH is galloping forward as the darling smart contract platform firms simply can’t resist.

Now, should the US Federal Reserve decide to chop interest rates-perched at an eyebrow-raising 88.4% chance according to the FedWatch Tool-we might see crypto strut its stuff with glee, as risk-on assets tend to get all dolled up when borrowing costs drop.

FedWatch Interest Rate Cuts

Since their sprightly debut in 2024, spot Bitcoin ETFs have been growing faster than Jeeves’ patience when Bertie’s at it. Much to the chagrin of Aunt Dahlia’s gold hoarders, Bitcoin ETFs look poised to outshine their golden cousins someday soon. Quite the turn of the century, eh?

That said, it’s wise not to get your knickers in a twist just yet: Bitcoin mining is feeling the pinch post its 2024 halving, and if the miners start offloading their stash with frantic fervor, the market may get more jittery than a cat in a room full of rocking chairs. As of now, BTC is trading around $112,481, up a modest 1.4% in the last 24 hours-enough to keep the bulls and bears awake and spinning tales.

Bitcoin Price Chart

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2025-09-09 12:41