Is the Fed Gearing Up to Print Again? What It Means for Crypto, ETFs, and Mining
As whispers grow louder about the Federal Reserve’s potential pivot, markets — and especially the crypto world — are watching closely. Boston Fed President Susan Collins has made it clear: if markets stumble, the Fed is absolutely ready to step in.
This week’s Crypto Biz explores what this means for investors, with updates on Ethereum ETF options, Solana staking ETFs in Canada, and a Bitcoin mining pivot by Bitdeer amidst U.S.-China trade tensions.
📰 Fed Signals It’s Ready — Just in Case
Top Fed Official: “We’d Absolutely Intervene if Needed”
With market uncertainty brewing, Boston Federal Reserve President Susan Collins stated that the central bank would not hesitate to act if financial or liquidity conditions worsened.
“We would absolutely be prepared,” Collins emphasized, addressing possible market backstops if disruptions occur.
So far, she added, markets are functioning well, and there are no immediate liquidity concerns. But if that outlook changes, the Fed has a toolbox ready to keep things steady.
Collins, who votes on the Federal Open Market Committee (FOMC), also hinted that a rate cut isn’t likely in May, though the odds for a June rate cut are now up to 67.5%, based on Fed Funds Futures.
💼 Ethereum ETFs Get Options Approval
SEC Unlocks New Potential for Institutional Investors
In a significant development for Ethereum and institutional finance, the U.S. Securities and Exchange Commission (SEC) approved options trading for several spot ETH ETFs.
The approvals, announced April 9, were granted to:
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BlackRock’s iShares Ethereum Trust
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Bitwise’s Ethereum ETF (ETHW)
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Fidelity’s Ethereum Fund (FETH)
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Grayscale’s Ethereum Trust (ETHE)
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Grayscale’s Ethereum Mini Trust (ETH)
This move allows investors to hedge against market declines, making these ETFs far more attractive to institutions.
Bloomberg’s James Seyffart suggests the SEC could approve ETH staking in ETFs as soon as May, further expanding their utility.
🍁 Canada Approves Solana Staking ETFs
While the U.S. deliberates, Canada races ahead. This week, regulators approved staked Solana (SOL) ETFs from major asset managers like:
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3iQ
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Purpose
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Evolve
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CI Financial
The Ontario Securities Commission’s nod allows these funds to offer yields of 6–8%, thanks to staking infrastructure provided by Figment.
Toronto-based 3iQ, which previously launched Canada’s first spot Bitcoin ETF in 2021, is once again pioneering crypto investment products north of the border.
⛏️ Bitdeer Ramps Up Self-Mining Amid Supply Chain Woes
As global supply chains wobble under the weight of geopolitical tension, Bitcoin miner Bitdeer is shifting focus.
According to Bloomberg, the company is prioritizing self-mining in the U.S., especially amid slumping demand for mining hardware.
“Our plan going forward is to prioritize our own self-mining,” said Bitdeer executive Jeff LaBerge.
This strategy aligns with a broader U.S. push toward domestic Bitcoin production, including a new mining venture backed by Eric and Don Trump Jr., part of the Trump administration’s renewed “Made in America” Bitcoin push.
Crypto’s Future Is Tied to the Fed’s Moves
Whether it’s ETF innovation or mining strategies, central bank policy continues to shape the crypto landscape. With the Fed potentially eyeing a liquidity pivot, the coming months could usher in another wave of digital asset momentum — or retrenchment.
For crypto investors, institutions, and miners alike, keeping a close eye on the Fed isn’t just smart — it’s essential.
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