According to @KobeissiLetter, Ethereum (ETH) extended intraday gains to about 5% and reclaimed the $4,000 level. According to the same source, the move signals that risk appetite is back, highlighting improving crypto risk sentiment.

According to Michaël van de Poppe, bids are starting to return to altcoins, signaling improving risk appetite among crypto traders (source: Michaël van de Poppe on X, Oct 12, 2025). He adds that clearer direction on the Trump–China tariff dispute would likely catalyze stronger upside in altcoins (source: Michaël van de Poppe on X, Oct 12, 2025). He expects the crypto market to print a green week next week, implying a short-term bullish bias toward altcoins (source: Michaël van de Poppe on X, Oct 12, 2025).

According to @KobeissiLetter, total AUM in leveraged equity ETFs has exceeded $1.6 billion, the highest since September 2022. According to @KobeissiLetter, this level is among the highest in years and trails only the $1.8 billion peak reached three years ago. According to @KobeissiLetter, assets in these leveraged funds have risen by about $700 million or 74% since April. According to @KobeissiLetter, 1-year inflows into leveraged equity ETFs hit their highest level in at least 12 months. According to @KobeissiLetter, the largest 1-year inflow occurred in leveraged ETFs tied to gold miners. Based on these risk-on metrics reported by @KobeissiLetter, crypto traders can monitor cross-asset sentiment as an input for positioning and volatility management.

According to @CNBC, US stocks pushed to new highs on Wednesday despite a mixed, resilient tape, highlighting persistent risk appetite across the equity market. Source: @CNBC. According to the International Monetary Fund, crypto and US equity returns became significantly more correlated after 2020, making equity rallies and volatility shifts increasingly relevant for BTC and ETH traders. Source: International Monetary Fund.

According to @KobeissiLetter, the 5-day moving average of U.S. retail call options volume has reached a record 9 million contracts, nearly double average put volume, indicating elevated risk appetite; source: The Kobeissi Letter (Sep 30, 2025). According to @KobeissiLetter, the latest surge is about 33% above the peak during the 2021 meme stock frenzy (~6 million contracts), highlighting a new high in retail options demand; source: The Kobeissi Letter (Sep 30, 2025). According to @KobeissiLetter, retail call options volume has tripled since the 2020 pandemic, and year-to-date call volume is up by roughly 3 million contracts (+50%), signaling accelerating participation and leverage usage; source: The Kobeissi Letter (Sep 30, 2025). According to @KobeissiLetter, crypto market participants can track this risk-on retail flow as a sentiment gauge when managing BTC and ETH exposure and volatility, given its reflection of broad speculative appetite; source: The Kobeissi Letter (Sep 30, 2025).

According to @CNBC, a resilient U.S. stock market is creating a wealth effect that supports consumer spending and jobs, helping keep the economy out of recession. Source: CNBC. For traders, the equity-driven cushion described by @CNBC lowers near-term recession risk and supports risk appetite and liquidity, so monitoring potential spillovers into crypto pricing and volumes is prudent. Source: CNBC.

According to @KobeissiLetter, the 5-day average notional retail single-stock options volume has exceeded $250 billion for the first time since the 2021 meme-stock surge, citing Goldman Sachs. Daily retail options volumes have increased by roughly $100 billion over the last six months, according to Goldman Sachs as quoted by @KobeissiLetter. Non-retail options volume has reached about $280 billion, the highest since January 2022, according to Goldman Sachs via @KobeissiLetter. For comparison, the 2021 peaks were around $300 billion for retail and $410 billion for non-retail, according to Goldman Sachs cited by @KobeissiLetter. A retail basket of stocks has gained 85% since January 2021, according to @KobeissiLetter. The post does not include direct cryptocurrency data or price impacts, according to @KobeissiLetter.

According to @ReetikaTrades, crypto coins are down a couple of percent and market sentiment is shambolic, signaling fragile risk appetite and elevated sensitivity to drawdowns for short-term traders. source: X post by @ReetikaTrades, Sep 19, 2025. The author adds that many participants lack the mental resilience for a true bear market, underscoring the need for discipline when positioning during pullbacks. source: X post by @ReetikaTrades, Sep 19, 2025.

According to @ReutersBiz, U.S. major stock indexes closed at record highs after the Federal Reserve cut interest rates by 25 basis points, while Intel rose after Nvidia decided to build a stake in the company; source: Reuters Business. For traders, the combination of Fed easing and renewed AI equity momentum are key cross-asset signals to monitor for liquidity and risk appetite that can influence BTC and ETH; source: Reuters Business.

According to The Kobeissi Letter, US ETFs have taken in $825 billion in net inflows year-to-date, putting 2025 on pace to surpass the $1.1 trillion record set in 2024 (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, equity ETFs have attracted $475 billion and account for the vast majority of inflows, highlighting sustained demand for stock exposure (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, ETF inflows reached $543 billion in the first half of 2025, marking the highest first-half total on record (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, investors added over $120 billion to ETFs last month, led by large equity and bond funds (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, the source did not cite BTC, ETH, or crypto ETF flow data, and provided no direct cryptocurrency market implications (source: The Kobeissi Letter, X, Sep 15, 2025).

According to Eric Balchunas (source: Eric Balchunas on X, Sep 2, 2025), most investors will continue to tune out economists and columnists unless they see tangible economic pain or a severe deterioration in earnings. For trading, this frames two concrete catalysts to watch: real-economy stress that becomes visible at the community level and an earnings-season drawdown severe enough to reset risk appetite, which could shift positioning across stocks and crypto (source: Eric Balchunas).

According to @KobeissiLetter, BofA’s Global Equity Risk-Love indicator jumped to 1.4, the highest in 13 months, signaling euphoric equity sentiment. Source: @KobeissiLetter on X, Sep 1, 2025. This gauge aggregates investor positioning, put-call ratios, investor surveys, price technicals, and volatility, providing a composite read on risk appetite. Source: @KobeissiLetter on X, Sep 1, 2025. Traders can monitor these components and the headline reading for tactical adjustments in risk exposure across equities and crypto, where cross-asset risk appetite is a key backdrop. Source: @KobeissiLetter on X, Sep 1, 2025.

According to @StockMKTNewz, the combined market value of the world’s top 10 stocks rose to $23.9 trillion this week from $23.8 trillion last week as of August 16, 2025. Source: @StockMKTNewz. For crypto traders, IMF research documented that Bitcoin and equities moved more in sync during 2020–2021, making equity moves a relevant cross-asset input when positioning in BTC. Source: IMF 2022. Traders can monitor whether continued mega-cap equity strength aligns with BTC price action to manage exposure and correlation risk. Source: IMF 2022.

According to @EricBalchunas, if the MEME ETF had not been closed, it would be up roughly 50% year to date and likely seeing inflows, which he says is why the fund is being revived (source: @EricBalchunas). He adds that about a quarter of 2025 ETF launches include leverage, the highest share since 2010, which he views as a possible sign the market is overheated (source: @EricBalchunas). For trading, his observations highlight heightened risk appetite around leveraged and meme-themed exposures that can affect liquidity and momentum dynamics if MEME relists and inflows materialize (source: @EricBalchunas).

According to @rovercrc, the Federal Reserve's net liquidity has reached its highest point in 16 months, offering a positive outlook for Bitcoin (BTC) and the broader cryptocurrency market. Increased net liquidity typically boosts risk appetite among investors, eases financial conditions, and can indicate upcoming policy easing or interest rate cuts. This environment often leads to more capital entering financial markets, supporting higher M2 money supply growth, all of which are favorable for crypto asset prices. Traders may expect increased market activity and potential upward momentum for digital assets as a result of this liquidity surge (source: @rovercrc).

According to Eric Balchunas, despite headlines describing US stock futures as 'under pressure' and 'increasingly precarious,' the futures are actually trading slightly positive, which is notable for a Monday following a volatile Friday session. This resilience in the stock market suggests market sentiment is more stable than media reports indicate, potentially supporting short-term stability in correlated crypto assets such as BTC and ETH. Traders should monitor both equity and crypto markets for signs of continued risk appetite or renewed volatility (source: Eric Balchunas).

According to Charles Edwards, company insiders are aggressively buying their own stocks, a pattern typically seen before market rallies rather than at market tops. This insider activity is often considered a bullish indicator by traders and could signal continued upward momentum for equities. Historically, a positive equity environment has correlated with increased risk appetite in the cryptocurrency market, potentially benefiting major assets like BTC and ETH as traders seek higher returns in alternative assets. Source: Charles Edwards (@caprioleio).

According to Eric Balchunas, recent developments have been significant enough to lift the SPY ETF out of its previous stagnation caused by Federal Reserve policies. This renewed momentum in SPY signals increased risk appetite and may indicate a favorable environment for correlated assets, including major cryptocurrencies like BTC and ETH. Traders should monitor this shift closely, as heightened activity in equities often translates to increased volatility and trading opportunities in the crypto market as well, as cited by Eric Balchunas.

According to @StockMKTNewz, every stock in the S&P 500 has shown performance updates for 2025, with the overall index rising 9.4% so far this year. This broad market growth signals increased investor confidence and risk appetite, which can spill over into the crypto market, potentially boosting liquidity and volatility for major cryptocurrencies like BTC and ETH. Traders should monitor correlations between equity and crypto markets, as strong stock performance often leads to increased capital flows into digital assets. Source: @StockMKTNewz

According to @StockMKTNewz, the S&P 500 ETF ($SPY) has demonstrated significant year-to-year variability in its annual returns since 1994, ranging from a low of -21.6% in 2002 to a high of +38.1% in 1995. Notably, strong equity market rallies often coincide with increased risk appetite in the broader financial markets, which can impact crypto market inflows and volatility. For crypto traders, tracking historical $SPY performance helps gauge macro sentiment shifts that may drive capital rotation between stocks and digital assets. Source: @StockMKTNewz