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cryptoJul 15, 2026, 3:20 PM

Fed's Kevin Warsh Calls AI Disinflationary, Crypto ETFs See $181M Inflow

Federal Reserve's Kevin Warsh told Congress that AI is a disinflationary force but stopped short of declaring victory over inflation. Meanwhile, spot Bitcoin ETFs attracted $181 million on July 14 after a $425 million outflow, with BlackRock's IBIT leading at $139 million.

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Kevin Warsh, speaking before Congress, described artificial intelligence as a disinflationary factor, noting its potential to reduce price pressures. However, he stressed that the Federal Reserve is not yet ready to declare victory over inflation, maintaining a cautious tone.

On the same day, crypto investment products saw a sharp reversal in flows. Spot Bitcoin ETFs pulled in $181 million on July 14, following a $425 million outflow the prior day. BlackRock's IBIT accounted for the bulk of inflows at $139 million. Ethereum ETFs added $58.34 million, all attributed to BlackRock's product.

Source: ForkLog