Home web3.0 US BTC-Spot Inflows Surge on Investor Expectations of November and December Fed Rate Cuts

US BTC-Spot Inflows Surge on Investor Expectations of November and December Fed Rate Cuts

Oct 20, 2024 pm 06:20 PM
Bitcoin (BTC) ETF Inflows Tesla Wallet

BTC Unmoved by Tesla's Transfer of $760 Million in BTC to New Wallets

US BTC-Spot Inflows Surge on Investor Expectations of November and December Fed Rate Cuts

Fresh data from Coinshares showed that investors piled into US BTC-spot exchange traded funds (ETFs) last week, to the tune of $114 million. These inflows came as investors anticipated the Federal Reserve cutting interest rates in November and December.

Moreover, signs of a soft US economic landing appeared to drive demand for riskier assets, which included spot ETFs. In total, IJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJ IJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJ IJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJ IJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJ IJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJ IJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJIJ

The above is the detailed content of US BTC-Spot Inflows Surge on Investor Expectations of November and December Fed Rate Cuts. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Roblox: Bubble Gum Simulator Infinity - How To Get And Use Royal Keys
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Mandragora: Whispers Of The Witch Tree - How To Unlock The Grappling Hook
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Nordhold: Fusion System, Explained
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1669
14
PHP Tutorial
1273
29
C# Tutorial
1256
24
Bitcoin (BTC) Sellers Have Become Active In The Market Bitcoin (BTC) Sellers Have Become Active In The Market Aug 28, 2024 am 12:18 AM

As Bitcoin, the largest cryptocurrency asset, continues to display bearish movement today, dropping from about $65,000 to $62,700, sellers appear to have

Bitcoin (BTC) Whales Bide Their Time as the Market Navigates Ongoing Volatility Bitcoin (BTC) Whales Bide Their Time as the Market Navigates Ongoing Volatility Sep 12, 2024 pm 06:09 PM

Bitcoin's (BTC) large holders have gradually reduced their coin holdings since the cryptocurrency reached a new high in March.

Bitcoin (BTC) Navigates a Rocky Path, Hovering Near $56,000 Bitcoin (BTC) Navigates a Rocky Path, Hovering Near $56,000 Sep 09, 2024 am 03:24 AM

Bitcoin (BTC) is navigating a rocky path, with its price recently plummeting to $56,000 amid growing concerns about the U.S. economic landscape and anticipation of key employment data.

Rexas Finance (RXS) Is on the Verge of a Massive Breakout, With Experts Predicting a 28X Surge Rexas Finance (RXS) Is on the Verge of a Massive Breakout, With Experts Predicting a 28X Surge Nov 12, 2024 pm 09:02 PM

As tokenization and DeFi adoption rise, RXS is positioned to lead the charge. Rexas Finance is the user's gateway to the future of asset management.

Bitcoin (BTC) vs. Ripple (XRP): Which Crypto Is a Smarter Buy Right Now? Bitcoin (BTC) vs. Ripple (XRP): Which Crypto Is a Smarter Buy Right Now? Aug 27, 2024 pm 09:49 PM

Sports Dhamaka posted a video to describe which could be a better investment between Bitcoin (BTC) and Ripple (XRP). The analyst who made the presentation made his choice by considering price performances and what the cryptos stand for.

Bitcoin (BTC) Price Action Hints at a Bullish Reversal as Whales Accumulate the Dip Bitcoin (BTC) Price Action Hints at a Bullish Reversal as Whales Accumulate the Dip Sep 09, 2024 pm 09:25 PM

Bitcoin remains a dominant player. Recent whale activity indicates that major investors are increasing their stake in the asset.

Bitcoin (BTC) Whale worth $60 million recently backed a low-priced token, Rexas Finance (RXS) below $0.1 Bitcoin (BTC) Whale worth $60 million recently backed a low-priced token, Rexas Finance (RXS) below $0.1 Sep 13, 2024 am 12:27 AM

This token is expected to touch the $1 mark before Ripple (XRP) which is one of the leading tokens in the crypto space.