Bitcoin ETFs Return to Positive Flows as Investors Optimize for Rate Cuts
Amid expectations of a US rate cut, digital asset funds have seen significant inflows, driven by improved expectations for the US Federal Reserveâs decision. Bitcoin has benefited in particular from this shift, recording significant positive inflows after a period of outflows. The change is attributed to statements suggesting a significant rate cut is possible.
Bitcoin ETFs Return to Positive Flows
Data from CoinShares showed that digital asset funds saw positive inflows of $436 million last week, a significant turnaround after a period of outflows of $1.2 billion, reflecting improved expectations for a potential 50 basis point rate cut at the Fedâs next meeting on September 18.
