Day: August 28, 2025

ETF slowdown wipes $60 billion off the market — what investors need to know

Markets took a hit this week as crypto-linked exchange-traded funds (ETFs) saw sharp outflows, wiping about $60 billion from global capitalization in just 24 hours. The pullback reflects investors bracing for signals from Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole — a moment Wall Street is watching closely.