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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0xTherapist
· 4h ago
Damn, just one word "dovish" and it bounces back $1 billion... This market is really being led by the Fed.
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FlashLoanLarry
· 12-01 14:02
Wow, just one doveish statement sucked in 1 billion? This market is really being played around by the Fed.
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ruggedNotShrugged
· 12-01 13:46
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
· 12-01 13:44
Wow, just a single word "dovish" can attract 1 billion, this business is too easy to do.
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GateUser-9ad11037
· 12-01 13:43
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.