According to The Kobeissi Letter, US technology funds saw approximately $800 million in net inflows last week, marking the seventh consecutive week of positive momentum. The 4-week moving average surged to nearly $2.2 billion, approaching the highest levels seen since mid-2024. Year-to-date, tech funds have amassed $49 billion in inflows, indicating robust investor confidence and ongoing capital rotation into technology sectors. For cryptocurrency traders, this trend highlights a growing risk-on sentiment in broader markets, potentially signaling increased appetite for digital assets as tech stocks and crypto often exhibit correlated inflows during bullish cycles. (Source: The Kobeissi Letter, May 6, 2025)

According to Eric Balchunas, US-focused ETFs have experienced strong inflows since Liberation Day, while Europe and China-focused ETFs have seen notable outflows. Broad international ETFs are performing well, but the technology sector is leading all others in capital attraction. These ETF flow trends highlight US market dominance and tech sector strength, which historically correlates with increased risk appetite and potential bullish sentiment in the cryptocurrency market, especially for assets linked to US tech and broader digital innovation (source: Eric Balchunas on Twitter, May 6, 2025).