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Fed Uncertainty Triggers $550 Million Exit from Bitcoin and Ethereum ETFs
On October 29, U.S. crypto ETFs saw heavy withdrawals. Data from SoSoValue shows Bitcoin funds lost around $470.71 million, while Ethereum ETFs recorded outflows of $81.44 million.Both assets dropped in value after Fed Chair Jerome Powell suggested during the October meeting that the recent 25 basi…
On October 29, U.S. crypto ETFs saw heavy withdrawals. Data from SoSoValue shows Bitcoin funds lost around $470.71 million, while Ethereum ETFs recorded outflows of $81.44 million.Both assets dropped in value after Fed Chair Jerome Powell suggested during the October meeting that the recent 25 basi…
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