[CoinShares: Investors Trade on Fed Rate Path, Not Exiting Crypto Assets] According to a report by Cointelegraph, James Butterfill, Head of Global Research at CoinShares, pointed out that cryptocurrency fund flows are becoming increasingly sensitive to the Federal Reserve's interest rate outlook. Investors are not exiting the market but are trading based on the rate path. Federal Reserve Chair Kevin Walsh mentioned limited progress on inflation, leading to approximately $100 million in digital asset outflows. Federal Reserve Governor Christopher Waller noted signs of disinflation, with inflows reaching $1 billion as of September 4. Data from CME Group shows that the market is pricing in a roughly 60% probability of a 25 basis point rate hike at the Federal Reserve's FOMC meeting on September 16.