According to The Kobeissi Letter, foreigners currently hold $26 trillion more in US assets than Americans hold overseas, as measured by the net international investment position (NIIP). This significant imbalance signals sustained global confidence in US financial markets (source: The Kobeissi Letter, June 16, 2025). For traders, this influx of foreign capital can drive up demand for US equities and bonds, potentially supporting the US dollar. Historically, robust foreign investment in US assets has also correlated with increased institutional interest in cryptocurrency markets, especially Bitcoin (BTC) and Ethereum (ETH), as investors seek diversified exposure (source: Federal Reserve data). Crypto traders should monitor shifts in NIIP and foreign investment flows, as these macro trends can impact liquidity and price volatility across both traditional and digital asset markets.