{"id":4644,"date":"2025-09-23T10:40:33","date_gmt":"2025-09-23T10:40:33","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/23\/bitcoin-ether-etfs-bleed-millions-ahead-of-fed-chair-jerome-powell-speech-today\/"},"modified":"2025-09-23T10:40:33","modified_gmt":"2025-09-23T10:40:33","slug":"bitcoin-ether-etfs-bleed-millions-ahead-of-fed-chair-jerome-powell-speech-today","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/23\/bitcoin-ether-etfs-bleed-millions-ahead-of-fed-chair-jerome-powell-speech-today\/","title":{"rendered":"Bitcoin, Ether ETFs Bleed Millions Ahead of Fed Chair Jerome Powell Speech Today"},"content":{"rendered":"<p>The post <a href=\"https:\/\/coinpedia.org\/news\/bitcoin-ether-etfs-bleed-millions-ahead-of-fed-chair-jerome-powell-speech-today\/\">Bitcoin, Ether ETFs Bleed Millions Ahead of Fed Chair Jerome Powell Speech Today<\/a> appeared first on <a href=\"https:\/\/coinpedia.org\">Coinpedia Fintech News<\/a><\/p>\n<p>The crypto market is tense today.&nbsp;<\/p>\n<p>Hours before <a href=\"https:\/\/coinpedia.org\/news\/will-the-fed-buy-bitcoin-analyst-says-saylors-strategy-beats-powell\/\" target=\"_blank\" rel=\"noreferrer noopener\">U.S. Federal Reserve Chair Jerome Powell<\/a> delivers a key speech at 11:30 a.m. ET, investors pulled hundreds of millions from Bitcoin and Ether ETFs, signaling a clear risk-off mood. With <a href=\"https:\/\/coinpedia.org\/price-prediction\/bitcoin-price-prediction\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin <\/a>already struggling near support levels, Powell\u2019s words could decide whether the market steadies or sinks further.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-bitcoin-etfs-bleed-363m\"><strong>Bitcoin ETFs Bleed $363M<\/strong><\/h2>\n<p>Fresh data from <a href=\"https:\/\/farside.co.uk\/btc\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Farside Investors<\/a> shows spot Bitcoin ETFs saw $363.1 million in net outflows on September 23, the biggest this month. Fidelity\u2019s FBTC alone accounted for $276.7 million, followed by $52.3 million from Ark 21Shares\u2019 ARKB and $24.6 million from Grayscale\u2019s GBTC. VanEck\u2019s HODL lost another $9.5 million, dragging total ETF assets under management below $150 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p>Ether funds faced pressure too. Spot Ether ETFs recorded $76 million in outflows, ending two days of inflows. Fidelity\u2019s FETH led with $33.1 million, while Bitwise\u2019s ETHW and BlackRock\u2019s ETHA also saw redemptions.&nbsp;<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p>Together, the moves show investor caution ahead of Powell\u2019s update.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-powell-steps-into-the-spotlight\"><strong>Powell Steps Into the Spotlight<\/strong><\/h2>\n<p>Today\u2019s speech comes just days after the <a href=\"https:\/\/coinpedia.org\/news\/fomc-meeting-update-powell-cuts-rates-25-bps-altcoin-season-in-focus\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fed\u2019s first rate cut of 2025<\/a>, a quarter-point move that lowered rates to 4.00%-4.25%. Powell warned last week that the decision was about \u201crisk management,\u201d not a signal of aggressive easing.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWith downside risks to employment having increased, the balance of risks has shifted. Accordingly, we judged it appropriate at this meeting to take another step toward a more neutral policy stance,\u201d<\/em> Powell said during the <a href=\"https:\/\/www.federalreserve.gov\/mediacenter\/files\/FOMCpresconf20250917.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FOMC press conference.<\/a><\/p>\n<\/blockquote>\n<p>Markets now want clarity on whether the Fed will stay cautious or open the door to further cuts. That direction could set the tone for Bitcoin\u2019s next move.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-pressure-from-all-sides\"><strong>Pressure From All Sides<\/strong><\/h2>\n<p>It\u2019s not just the Fed weighing on sentiment. The U.S. Dollar Index is firm above 97.00, while 10-year Treasury yields hold near 4.15%. Gold is climbing, and <a href=\"https:\/\/www.youtube.com\/watch?v=KaReGjD3s-E\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">JPMorgan CEO Jamie Dimon<\/a> has warned the Fed won\u2019t cut further until inflation eases.\u00a0<\/p>\n<p>That mix has left crypto investors bracing for more volatility.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-bitcoin-eth-and-the-altcoin-question\"><strong>Bitcoin, ETH, and the Altcoin Question<\/strong><\/h2>\n<p><a href=\"https:\/\/markets.coinpedia.org\/bitcoin\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin is trading around $113,000<\/a>, with support near $111,000. <a href=\"https:\/\/markets.coinpedia.org\/ethereum\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum is holding<\/a> just above $4,200. The <a href=\"https:\/\/www.binance.com\/en-IN\/square\/fear-and-greed-index\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Fear &amp; Greed Index<\/a> sits at 40, which is neutral territory for now. <\/p>\n<p>Analysts are divided too.<\/p>\n<p><a href=\"https:\/\/x.com\/joao_wedson\/status\/1969919569943765024\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Joao Wedson of Alphractal <\/a>says Bitcoin\u2019s cycle \u201cis running out of steam\u201d as on-chain profitability weakens, while <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1970042130698756343\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Micha\u00ebl van de Poppe<\/a> calls the crash a \u201cclassic liquidity sell-off\u201d that could set up a rebound.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin is already showing signs of cycle exhaustion \u2014 and very few are seeing it.<\/p>\n<p>The SOPR Trend Signal is excellent at signaling when blockchain profitability is drying up.<br \/>Never in Bitcoin\u2019s history have investors accumulated BTC so late and at such high prices.<br \/>Maybe only\u2026 <a href=\"https:\/\/t.co\/I1GBdEJH03\">pic.twitter.com\/I1GBdEJH03<\/a><\/p>\n<p>&mdash; Joao Wedson (@joao_wedson) <a href=\"https:\/\/twitter.com\/joao_wedson\/status\/1969919569943765024?ref_src=twsrc%5Etfw\">September 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Some analysts, meanwhile, point to altcoins as the next big play. The <a href=\"https:\/\/forklog.com\/en\/news\/altseason-index-hits-highest-since-late-2024\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">altcoin-season index<\/a> hit its highest level since late 2024 earlier this month, signaling growing rotation.<\/p>\n<p><strong>With ETFs bleeding and investors cautious, the Fed\u2019s tone today will likely decide whether crypto steadies or faces another wave of selling.<\/strong><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post Bitcoin, Ether ETFs Bleed Millions Ahead of Fed Chair Jerome Powell Speech Today&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=4644"}],"version-history":[{"count":0,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/4644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/media\/4645"}],"wp:attachment":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=4644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=4644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=4644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}