According to @StockMarketNerd, the setup is like QE but with adjusted asset duration, emphasizing the maturity profile over balance-sheet size (source: @StockMarketNerd on X, Dec 10, 2025). A duration-focused approach mirrors the Federal Reserve’s 2011 Maturity Extension Program, which explicitly aimed to put downward pressure on longer-term Treasury yields by selling shorter-dated Treasuries and buying longer maturities without expanding the balance sheet (source: Board of Governors of the Federal Reserve System press release, Sep 21, 2011). Since crypto assets have moved more in sync with equities since 2020, shifts that target long-end yields are a relevant macro driver for BTC and ETH through risk appetite and financial conditions channels (source: International Monetary Fund blog “Crypto Prices Move More in Sync With Stocks, Posing New Risks,” Jan 2022).

According to @StockMarketNerd, changes in asset duration are "basically QE," characterizing duration-focused policy as effectively equivalent to quantitative easing for market interpretation, source: @StockMarketNerd on X, Dec 10, 2025. This frames duration-targeted actions as QE-like in a trading context, source: @StockMarketNerd on X, Dec 10, 2025.