FTX’s $8B Stablecoin Payout Meets ETF Inflows—June Could Be Bitcoin’s Perfect Storm
Billions in FTX creditor distributions hit wallets just as spot ETF demand revives. A liquidity cocktail with bite.
Market mechanics 101: When locked stablecoins suddenly circulate, they tend to find their way into crypto’s most liquid asset. Add Wall Street’s renewed ETF appetite, and BTC’s summer breakout script writes itself.
Of course, this assumes traditional finance’s latest ’crypto experiment’ doesn’t implode first—we’ve seen that movie before.