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Previous day's US BTC spot ETF volume is third-lowest on record, ETH spot ETFs record net inflows after five trading days

According to Trader T, 11 U.S. Bitcoin spot ETFs traded $7.1 billion on Sept. 10 (local time). This is the third-lowest level since their launch. BlackRock IBIT accounted for more than 50% of the previous day's volume, with $4.12 billion. Meanwhile, on Sept. 10 (local time), the U.S. Ethereum (ETH) spot ETF saw net inflows totaling $11.4 million. It took just five trading days to turn net outflows into net inflows. BlackRock ETHA saw net inflows of $4.27 million and Fidelity FETH saw net inflows of $7.13 million. The remaining ETFs saw no outflows or inflows.

US Fed 'big cuts' interest rates by 0.5 percentage point to bring inflation closer to target, considers another 50 basis point cut later in the year.

The US Federal Reserve's (Fed) Federal Open Market Committee (FOMC) announced in an official statement that it will cut its benchmark interest rate by 0.5%. This is the first rate cut in nearly four years. The Fed raised rates from March 2022 through July of last year.

blockchain crypto cryptocurrency Altcoin season open (SpotedCrypto)

Open the season for altcoins... Alt holds up despite BTC dip

According to Cointelegraph, Bitfinex reports, “Altcoins have remained relatively strong despite BTC's recent decline. This suggests that the mindset of crypto investors is changing. They are realizing that Bitcoin is not the only safe haven in the face of growing market uncertainty,” the analyst said. “This shift shows

blockchain crypto cryptocurrency us institutins buy Bitcoin (SpotedCrypto)

US Institutions Buy Bitcoin for the First Time in 10 Days

U.S. institutional investors have begun to actively buy Bitcoin (BTC) for the first time in about 10 days since August 31st. “The Coinbase Premium Gap (CPG), a measure of Bitcoin buying and selling trends, turned positive for the first time in about 10 days since Aug. 31, reaching 9.

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