According to PANews, Mechanism Capital co-founder Andrew Kang recently commented on the X platform that the market appears to have a habit of offering discounts before positive events. Kang noted that this is the second major wave of ETF fund inflows he has discussed since spring. Despite some macroeconomic uncertainties, the activation of Morgan Stanley's financial advisory team will at least provide a strong balancing effect. If these advisors are sufficiently incentivized, the market could see inflows comparable to or greater than those led by Michael Saylor.

Last week, it was reported that Morgan Stanley has allowed its wealth advisors to introduce Bitcoin ETFs to major Wall Street firms. This marks a first among major Wall Street banks. Starting August 7, approximately 15,000 of the company's financial advisors can recommend two exchange-traded Bitcoin funds to eligible clients: BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund. According to informed sources, this move signifies further promotion of Bitcoin ETFs within mainstream financial institutions.