BOJ’s ETF Divestment and Its Shockwaves in the Crypto Sphere
What if I told you that the Bank of Japan’s latest maneuver involving ETF sales could send tremors through global markets, reaching even the often-volatile landscape of cryptocurrencies? Under the watchful eye of Governor Kazuo Ueda, this strategic liquidation of over $251 billion in ETF holdings marks a bold departure from the central bank’s historically laissez-faire monetary policy. As we embark on this discussion, we’ll explore the far-reaching effects of the BOJ’s incremental tightening on digital currencies and the evolving strategies needed in this brave new financial world.
Dissecting the BOJ’s Strategic Shift
The BOJ’s bold pivot towards monetary tightening is not just about Japanese finances; it’s a significant shift…