"1011 Insider Whale" Agent: If Rick Rieder Becomes Fed Chair, It's Bullish for ETH and RWA

Odaily News: Garrett Jin, the agent for the "1011 Insider Whale," posted on X stating that the probability of BlackRock executive Rick Rieder becoming the next Federal Reserve Chair has risen to 59.9%, significantly ahead of Kevin Warsh (22%). It is reported that Trump has completed interviews and has a clear preference. Rick Rieder is recognized for his central bank-level steady demeanor and bold vision for Fed reform. The result could be announced as early as next week. If elected, there would be two major benefits: First, smoother advancement of RWA on-chain, reduced regulatory friction, and accelerated institutional capital inflows. Second, enhanced stability in the U.S. Treasury and bond markets, improving Treasury issuance efficiency and balance sheet repair, aligning with the current administration's policy direction. Market views suggest that Rick Rieder leading the Fed would be a significant positive for RWA and ETH, potentially further heating up the RWA narrative.