PANews reported on October 10th that according to SoSoValue, Ethereum spot ETFs saw a net outflow of $8.54 million on October 9th, Eastern Time, ending an eight-day streak of net inflows. BlackRock's ETHA ETF saw a net inflow of $39.29 million, bringing its total net inflow to $14.57 billion. Fidelity's FETH ETF saw a net outflow of $30.26 million, bringing its total net inflow to $2.72 billion. As of press time, the total net asset value of Ethereum spot ETFs stood at $29.90 billion, representing 5.71% of Ethereum's total market capitalization, with a cumulative net inflow of $15.08 billion.PANews reported on October 10th that according to SoSoValue, Ethereum spot ETFs saw a net outflow of $8.54 million on October 9th, Eastern Time, ending an eight-day streak of net inflows. BlackRock's ETHA ETF saw a net inflow of $39.29 million, bringing its total net inflow to $14.57 billion. Fidelity's FETH ETF saw a net outflow of $30.26 million, bringing its total net inflow to $2.72 billion. As of press time, the total net asset value of Ethereum spot ETFs stood at $29.90 billion, representing 5.71% of Ethereum's total market capitalization, with a cumulative net inflow of $15.08 billion.

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more