$TAO The US tech fund has pulled in $123 billion in a week, setting a record high since 2017. Are you still dreaming about those altcoin candles that are taking a hit?
The cash flow isn't flooding into the crypto market; it's mainly being funneled into leveraged semiconductor ETFs like SPXL and SOXX. Last week alone saw $9 billion, with an average of $5.8 billion over the past four weeks, and the US tech market has been on a continuous net inflow for 11 weeks. You think that's FOMO? These institutions are making strong moves in anticipation of a soft landing from the Fed.
When these players are well-fed and start taking profits, that’s when the last drops from your junk coins will be drained.
$TRUMP