{"id":172051,"date":"2024-09-23T16:11:41","date_gmt":"2024-09-23T16:11:41","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=172051"},"modified":"2024-09-23T16:12:25","modified_gmt":"2024-09-23T16:12:25","slug":"crypto-market-sees-321m-inflows-post-fed-rate-cut-bitcoin-gains-ethereum-loses","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/crypto-market-sees-321m-inflows-post-fed-rate-cut-bitcoin-gains-ethereum-loses\/","title":{"rendered":"Crypto Market Sees $321M Inflows Post-Fed Rate Cut\u2014Bitcoin Gains, Ethereum Loses"},"content":{"rendered":"<p style=\"text-align: justify\">TL;DR<\/p>\n<ul>\n<li style=\"text-align: justify\">Investment products in the crypto market have seen <strong>inflows of $321 million<\/strong> in the last week, driven by a 50 basis point <strong>interest rate cut<\/strong>.<\/li>\n<li style=\"text-align: justify\"><strong>Bitcoin<\/strong> has captured the majority of the <strong>flows with $284 million<\/strong>, while short products have received <strong>$5.1 million.<\/strong><\/li>\n<li style=\"text-align: justify\">The U.S. led the inflows with <strong>$277 million<\/strong>, and Switzerland reached <strong>$63 million<\/strong>, while Germany, Sweden, and Canada experienced outflows of<strong> $9.5 million, $7.8 million, and $2.3 million<\/strong>, respectively.<br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\">The <strong>weekly <a href=\"https:\/\/blog.coinshares.com\/volume-201-digital-asset-fund-flows-weekly-report-ade44c188745\" target=\"_blank\" rel=\"noopener\">report<\/a><\/strong> on digital asset flows has revealed that investment products in the <strong>crypto <a href=\"https:\/\/crypto-economy.com\/bear-market\/\" target=\"_blank\" rel=\"noopener\">market<\/a><\/strong> have experienced a <strong>significant increase<\/strong>, reaching a total of <strong>$321 million in inflows<\/strong> during the last week.<!--more--><\/p>\n<p style=\"text-align: justify\">This increase occurs in a context where the <strong>Federal Reserve<\/strong> of the United States has adopted a <strong>more dovish stance by cutting interest rates by 50 basis points<\/strong>, which has generated a positive effect on the crypto market. This has contributed to a <strong>9% growth<\/strong> in total assets under management, now amounting to <strong>$9.5 billion<\/strong>.<\/p>\n<p style=\"text-align: justify\"><strong>Bitcoin has been the main player<\/strong> in the surge, capturing the majority of the <strong>flows with $284 million<\/strong>. The recent volatility in BTC prices has also led to an increase in investments in <strong>short products<\/strong>, which have received<strong> $5.1 million<\/strong>.<\/p>\n<p style=\"text-align: justify\">Despite the success in the Bitcoin market, <strong><a href=\"https:\/\/crypto-economy.com\/ethereum-staking\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> has had poor performance<\/strong>, registering outflows for the fifth consecutive week, totaling <strong>$29 million<\/strong>. This phenomenon is attributed to the <strong>persistent outflows from the Grayscale Trust<\/strong> and the lack of flows into the <strong>new exchange-traded funds (ETFs)<\/strong> that have emerged.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-172055\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/market-post.jpg\" alt=\"crypto market flows\" width=\"825\" height=\"612\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/market-post.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/market-post-300x223.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/09\/market-post-768x570.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<h2>The Crypto Market Recovers in the U.S.<\/h2>\n<p style=\"text-align: justify\">From a regional perspective, the flows have shown varied behavior. The <strong>United States<\/strong> has led the inflows with <strong>$277 million<\/strong>, while <strong>Switzerland<\/strong> has recorded the second-largest weekly inflow of the year with<strong> $63 million<\/strong>. In contrast, countries like <strong>Germany, Sweden, and Canada<\/strong> have seen outflows of <strong>$9.5 million, $7.8 million, and $2.3 million<\/strong>, respectively.<\/p>\n<p style=\"text-align: justify\">Regarding other assets, <strong>investment products in Solana<\/strong> have continued with a trend of small but steady inflows, accumulating <strong>$3.2 million last week<\/strong>. This outlook suggests that despite the volatility and outflows in certain assets, interest in cryptocurrency investment remains present and could strengthen <strong>as macroeconomic conditions adjust<\/strong> and new products are introduced to the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Investment products in the crypto market have seen inflows of $321 million in the last week, driven by a 50 basis point interest rate cut. Bitcoin has captured the majority of the flows with $284 million, while short products have received $5.1 million. The U.S. led the inflows with $277 million, and Switzerland reached &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Crypto Market Sees $321M Inflows Post-Fed Rate Cut\u2014Bitcoin Gains, Ethereum Loses\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/crypto-market-sees-321m-inflows-post-fed-rate-cut-bitcoin-gains-ethereum-loses\/#more-172051\" aria-label=\"More on Crypto Market Sees $321M Inflows Post-Fed Rate Cut\u2014Bitcoin Gains, Ethereum Loses\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":172054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9156,84,74],"tags":[4602,5536,4656,4679],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172051"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=172051"}],"version-history":[{"count":2,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172051\/revisions"}],"predecessor-version":[{"id":172057,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/172051\/revisions\/172057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/172054"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=172051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=172051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=172051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}