According to The Kobeissi Letter (@KobeissiLetter), the S&P 500 ETF (VOO) posted a historic $20.9 billion in net inflows last month, the highest in its 15-year history and more than triple March's $6.4 billion, as reported by Bloomberg. This marks the 5th largest monthly inflow ever recorded for a fund. Such a significant influx of capital into traditional equities may signal a temporary risk-off sentiment among investors, potentially leading to reduced capital allocation to high-volatility assets like cryptocurrencies. Crypto traders should watch for shifts in liquidity and risk appetite, as strong ETF inflows often precede short-term corrections or consolidation phases in the crypto market. Source: The Kobeissi Letter, Bloomberg.