Digital asset ETPs just pulled in a massive $1.07 billion. That's right—after bleeding funds for four straight weeks, the tide's finally turning.
What flipped the script? FOMC's John Williams dropped some dovish hints about rate cuts coming down the pipeline. Markets smell blood in the water, and suddenly crypto products look attractive again. Classic risk-on rotation when rate cut expectations heat up.
Four weeks of outflows wiped clean in one shot. Tells you everything about how sensitive these flows are to Fed speak.
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FlashLoanLarry
· 17h ago
Wow, just one doveish statement sucked in 1 billion? This market is really being played around by the Fed.
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ruggedNotShrugged
· 17h ago
Once again, a single word from the Fed causes a huge shift, it's hilarious, these institutions are just puppets of the Fed.
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ForkInTheRoad
· 17h ago
Wow, just a single word "dovish" can attract 1 billion, this business is too easy to do.
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GateUser-9ad11037
· 17h ago
Oh my, when Williams opens his mouth, it's like ten billion just comes pouring in... The Fed really is the lifeblood of the market.
Digital asset ETPs just pulled in a massive $1.07 billion. That's right—after bleeding funds for four straight weeks, the tide's finally turning.
What flipped the script? FOMC's John Williams dropped some dovish hints about rate cuts coming down the pipeline. Markets smell blood in the water, and suddenly crypto products look attractive again. Classic risk-on rotation when rate cut expectations heat up.
Four weeks of outflows wiped clean in one shot. Tells you everything about how sensitive these flows are to Fed speak.