According to Eric Balchunas, recent ETF flow data show a strong shift toward risk-on sentiment, with not only $VOO but also $SPY, $IVV, and $QQQ experiencing significant inflows. The addition of two semiconductor ETFs and a junk bond ETF further confirms increased risk appetite among institutional investors (source: Eric Balchunas, Twitter). The return of $JAAA to cash positions suggests some rotation in fixed income strategies. For crypto traders, historic correlations indicate that rising risk-on flows in equity and tech ETFs often precede bullish moves in digital assets, making this a key indicator for short-term crypto market sentiment.

According to Evan (@StockMKTNewz), the NASDAQ 100 ETF ($QQQ) is down by less than 1% so far in 2025, signaling relative stability in the tech sector despite recent market fluctuations (source: Twitter, May 12, 2025). This trend is significant for cryptocurrency traders, as stability in the tech-heavy NASDAQ 100 often correlates with reduced volatility and risk appetite in crypto markets. Crypto assets with strong tech exposure, such as Ethereum and AI-related tokens, may continue to see steady inflows while risk-off sentiment remains contained.

According to Greeks.live, the trader and researcher Fofty is highly recommended to follow. They suggest that $IWM might be a signal for a $BTC bid. Last week, following dovish comments from Powell, $IWM outperformed $SPY and $QQQ, gaining 3% compared to their 1% gains.