bullish

Reserve

Coin

<ul class="wp-block-list news-points">
 <li>Last month’s interest rate cut by the Federal Reserve has spurred the markets.</li>
 <li>U.S. ETFs investing in dividend-paying stocks experienced increased inflows.</li>
 <li>The crypto market surged following the Fed’s interest rate cut.</li>
</ul>
The Federal Reserve’s recent interest rate cut ignited a rally in both the stock and crypto markets.&nbsp; U.S. dividend ETFs saw a surge in inflows, attracting $3.05 billion in September, <a href="https://www.reuters.com/markets/us/us-dividend-etfs-bask-investor-attention-after-jumbo-fed-rate-cut-2024-10-04/" target="_blank" rel="noopener noreferrer nofollow">according to Morningstar</a>. This coincides with Bitcoin’s 15% gain and a broader crypto market upswing.
This influx of capital into dividend ETFs marks a significant jump from the average monthly inflow of $424 million seen between January and August 2024. The Fed’s rate cut makes income-generating products more attractive to investors anticipating potential market downturns.
This surge in mainstream ETF inflows coincides with bullish sentiment in the crypto market following the Fed’s rate cut. Bitcoin rallied from a $57,627 low less than 24 hours before the Fed announcement, reaching $66,508 before September’s end.
The flagship crypto lifted the rest of the digital asset market, with other top cryptocurrencies experiencing similar rallies. Ethereum, the le…
The post <a href="https://coinedition.com/fed-rate-cut-dividend-etfs-and-crypto-see-massive-inflows/" rel="noopener noreferrer nofollow">Fed Rate Cut: Dividend ETFs and Crypto See Massive Inflows</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Fed Rate Cut: Dividend ETFs and Crypto See Massive Inflows

Coin Edition

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