Derived from Coinpedia, U.S. crypto ETFs experienced significant outflows on October 29 as uncertainty over Federal Reserve rate cuts triggered selling pressure. Bitcoin ETFs lost $470.71 million, with Fidelity’s FBTC leading at $164.36 million, while Ethereum ETFs recorded $81.44 million in outflows, led by Fidelity’s FETH at $69.49 million. The market reaction followed Fed Chair Jerome Powell’s suggestion that the recent 25 basis point rate cut may be the last of 2025. Bitcoin and Ethereum prices both declined, with Bitcoin dropping 3.71% to $108,325.44 and Ethereum falling 2.68% to $3,904.19.
Fed Uncertainty Triggers $550M Exit from Bitcoin and Ethereum ETFs
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