US Bitcoin and Ether ETFs rebound as Powell alerts fee cuts

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

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

Whole internet 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 internet inflows following Monday’s steep $428 million outflow. Constancy’s Ethereum Fund (FETH) topped the checklist 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 top 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 mentioned the Fed could quickly cease its “quantitative tightening” course of, noting that reserves are “considerably above the extent” in keeping with ample liquidity.

“An October fee reduce can 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.

“Anticipate 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 current crash

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

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