The post US Bitcoin ETFs Lost $946 Million After Hawkish Tone From Fed appeared on BitcoinEthereumNews.com. In brief U.S. Bitcoin ETFs had $946 million in outflows last week, with iShares Bitcoin Trust losing $400 million. Solana ETFs attracted $421 million in new investments, driven by recently launched U.S.-based funds. Total digital asset fund outflows reached $360 million as investors reacted to U.S. central bank Chair Jerome Powell’s cautious stance on December rate cuts. U.S. Bitcoin exchange-traded funds bore the brunt of institutional outflows last week, accounting for $946 million worth of withdrawals, according to a new report from digital asset manager CoinShares. iShares Bitcoin Trust (IBIT) shed approximately $400 million last week, the most among the 11 spot BTC funds currently trading. But total net outflows for all funds tracking digital assets were a less dramatic $360 million. “Digital asset investment products saw outflows totalling $360 million last week despite the recent U.S. interest rate cut, as investors interpreted Fed Chair Jerome Powell’s comments on the likelihood of another cut in December as ‘not a foregone conclusion,’” CoinShares Director of Research James Butterfill said in the report. “This hawkish tone, combined with a notable absence of key U.S. economic data releases, appears to have left investors in a state of limbo.” The BTC fund losses were offset by ETF gains in other regions. Funds from issuers in Germany and Switzerland had net inflows of more than $30 million last week. Canada and Australia issuers generated $8.5 million and $7.2 million worth of inflows.  The overall crypto fund category was buoyed by higher than usual inflows into Solana exchange-traded products. Investors poured $421 million into SOL-based ETFs last week, driven by hype for the new U.S.-based funds that started trading in late October. Last week’s debuts included the Bitwise Solana ETF, which trades on the Nasdaq under the BSOL ticker. The fund has already reached $105… The post US Bitcoin ETFs Lost $946 Million After Hawkish Tone From Fed appeared on BitcoinEthereumNews.com. In brief U.S. Bitcoin ETFs had $946 million in outflows last week, with iShares Bitcoin Trust losing $400 million. Solana ETFs attracted $421 million in new investments, driven by recently launched U.S.-based funds. Total digital asset fund outflows reached $360 million as investors reacted to U.S. central bank Chair Jerome Powell’s cautious stance on December rate cuts. U.S. Bitcoin exchange-traded funds bore the brunt of institutional outflows last week, accounting for $946 million worth of withdrawals, according to a new report from digital asset manager CoinShares. iShares Bitcoin Trust (IBIT) shed approximately $400 million last week, the most among the 11 spot BTC funds currently trading. But total net outflows for all funds tracking digital assets were a less dramatic $360 million. “Digital asset investment products saw outflows totalling $360 million last week despite the recent U.S. interest rate cut, as investors interpreted Fed Chair Jerome Powell’s comments on the likelihood of another cut in December as ‘not a foregone conclusion,’” CoinShares Director of Research James Butterfill said in the report. “This hawkish tone, combined with a notable absence of key U.S. economic data releases, appears to have left investors in a state of limbo.” The BTC fund losses were offset by ETF gains in other regions. Funds from issuers in Germany and Switzerland had net inflows of more than $30 million last week. Canada and Australia issuers generated $8.5 million and $7.2 million worth of inflows.  The overall crypto fund category was buoyed by higher than usual inflows into Solana exchange-traded products. Investors poured $421 million into SOL-based ETFs last week, driven by hype for the new U.S.-based funds that started trading in late October. Last week’s debuts included the Bitwise Solana ETF, which trades on the Nasdaq under the BSOL ticker. The fund has already reached $105…