Steve Sosnick: Crypto ETFs are fueling performance chasing, the critical role of money flow in market dynamics, and the reliance on faith over fundamentals in the stock rally | Unchained

Steve Sosnick: Crypto ETFs are fueling performance chasing, the critical role of money flow in market dynamics, and the reliance on faith over fundamentals in the stock rally | Unchained

.@SteveSosnick of Interactive Brokers on the macro forces hitting crypto right now: ETF tourists, AI stock competition, and what Kevin Warsh’s first week actually signals. New Bits and Bips Interview with @steven_ehrlich: Timestamps: 📈 02:06 Stocks at records: the ratchet effect Iran just handed

If it was bought by performance chasers, it’ll be sold by performance chasers. @SteveSosnick on the crypto tourist problem and what a real conviction-based crypto rally would actually look like. With @Steven_Ehrlich on Bits + Bips: https://youtu.be/1XUdNpnwhBY