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Despite the rise in ETH, why is ethereum etf still facing outflow of funds?
Despite the rise of ethereum (ETH), why are ethereum ETFs still facing outflow of funds?
Why Ethereum ETF Faced Outflows Despite ETH's Gains
On the eve of the September interest rate meeting, a report ignited expectations of a 50 basis point interest rate cut, causing stocks, gold, and bitcoin to all rise.
"New Federal Reserve Communications Agency" article stated that Federal Reserve officials are considering whether to cut 25 or 50 basis points. Futures linked to the Federal Reserve's policy rate indicate that traders on Friday expect the probability of a 50 basis point rate cut by the Federal Reserve to rise to 47%, with a close to 50/50 chance, while the probability estimated on Thursday was only 28%.
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