According to The Kobeissi Letter, US investment-grade and high-yield corporate bond funds saw approximately $9 billion in net inflows last week, marking the largest increase in 10 weeks. The 4-week moving average of inflows also turned positive for the first time since March, reaching about $5 billion (Source: The Kobeissi Letter, May 24, 2025). This renewed interest in US credit funds indicates a shift in investor risk appetite, which could draw capital away from riskier assets like cryptocurrencies in the short term. Traders should monitor shifts in bond fund inflows, as significant moves in traditional finance often impact crypto market liquidity and volatility.