According to CoinMeta, as reported by Cointelegraph, James Butterfield, the head of global research at CoinShares, pointed out that the flow of funds into cryptocurrency funds has become increasingly sensitive to the Fed's interest rate prospects. Investors have not withdrawn but are trading based on the interest rate trajectory. Federal Reserve Chairman Kevin Warsh mentioned limited progress in inflation, which led to about $100 million in digital asset outflows. Federal Reserve Governor Christopher Waller noted signs of deflation, and as of September 4, the inflow of funds reached $1 billion. CME Group data shows that the market is pricing a 25-basis-point interest rate hike by the Fed at its FOMC meeting on September 16 at around 60%.