Garrett Jin: BTC and ETH, as high-beta risk assets, will be the primary choices for absorbing capital inflows in the near future.
Foresight News reported that Garrett Jin, the whale who previously made headlines by selling over $4.23 billions worth of BTC to rotate into ETH, tweeted: "The Nasdaq 100 index is underperforming, while the Russell 2000 index continues to hit new highs. Funds are clearly rotating into small and mid-cap stocks, indicating an expanding risk appetite. As high-beta risk assets, BTC and ETH will be the preferred targets to absorb incoming capital flows in the near future."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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