According to @KobeissiLetter, individual investors were net buyers of US stocks in 23 of the last 26 weeks, highlighting persistent retail demand for equities, source: @KobeissiLetter, Oct 20, 2025. Last week was the seventh straight week of net purchases and the largest weekly buy in five months, indicating accelerating retail inflows, source: @KobeissiLetter, Oct 20, 2025. Retail investors have logged 24 consecutive weeks of net purchases in equity options, the longest streak on record in data since 2020 and matching the 24-week run in 2023, source: @KobeissiLetter, Oct 20, 2025. Retail has been net buyers of ETFs in 206 of 208 trading days in 2025, underscoring sustained ETF inflows, source: @KobeissiLetter, Oct 20, 2025. Overall risk appetite shows no sign of easing, a key input for traders tracking momentum and breadth across risk assets, source: @KobeissiLetter, Oct 20, 2025. Crypto market participants can monitor these retail risk-on flows as a cross-asset sentiment gauge alongside BTC and ETH price action, source: @KobeissiLetter, Oct 20, 2025.