Eric Makoski

VIP Desk: Payrolls week becomes crypto’s next macro test

Crypto enters June caught between regulatory progress and fading momentum. With the CLARITY Act advancing and payrolls week ahead, markets remain focused on macro conditions and rate-cut expectations.

VIP Desk: April US spot Bitcoin ETF inflows hit US$2.44B

April marked the strongest US spot Bitcoin ETF inflows since October 2025. US$2.44B over nine straight days. Institutional appetite is real but macro-sensitive; May flows will prove if it's structural.