QCP: Despite weaker U.S. data, the market remains resilient; institutions accelerate the layout of crypto assets

Odaily News QCP Capital pointed out in its latest market briefing that although the ADP employment and ISM data released by the United States fell short of expectations, market risk assets still maintained strong performance, showing strong resilience. Trump criticized the Federal Reserve for lagging behind the European Central Bank and called for the permanent removal of the debt ceiling, and fiscal-led market expectations continued to heat up.
In addition, QCP pointed out that JPMorgan Chase has officially included crypto ETFs in the collateral system, marking a further increase in institutional acceptance of crypto assets. Several listed companies (such as K Wave Media and Treasure Global) have also announced the configuration of crypto vaults. Circle has submitted IPO documents with a target valuation range of US$7.6 billion to US$8.1 billion.
Although ETF inflows slowed in June, structural fundamentals still support market performance. QCP also mentioned that with the accumulation of fiscal catalysts, Bitcoin prices are expected to break through historical highs, and some institutions have begun to allocate $130,000 call options in September, remaining optimistic about potential increases.