According to Eric Balchunas, the Chinese government sold about 10 billion dollars of ETFs after previously buying roughly 180 billion dollars to cool an overheated equity market, source: Eric Balchunas on X, January 16, 2026. According to Eric Balchunas, the sales were concentrated in technology and momentum ETFs and the government realized a profit on the trades, source: Eric Balchunas on X citing Rebecca Sin and Jacki Wang, January 16, 2026. According to Eric Balchunas, the selling activity was executed mostly through tech and momentum funds rather than broad market ETFs, source: Eric Balchunas on X, January 16, 2026. According to Eric Balchunas, the post did not mention any direct impact on cryptocurrency markets, source: Eric Balchunas on X, January 16, 2026.

According to @business, Bloomberg Intelligence reports that Central Huijin, a unit of China’s sovereign wealth fund, has more than 50 billion dollars in paper gains from buying local exchange traded funds, highlighting substantial government support for the equity market, source: Bloomberg Intelligence via Bloomberg. The size of these mark to market gains indicates sustained official ETF activity that has bolstered China A-share benchmarks and liquidity, a key flow signal traders monitor when assessing market support levels, source: Bloomberg Intelligence via Bloomberg. Any spillover to crypto remains limited because onshore virtual asset trading is banned in China since September 2021, restricting direct transmission to domestic crypto activity, source: People’s Bank of China 2021 notice on preventing and handling risks of virtual currency trading and speculation.

According to @caprioleio, the Chinese stock market is forming a giant two-decade ascending triangle, and a breakout could drive a mind-blowing global capital rotation into China, source: Charles Edwards on X, Aug 28, 2025. According to @caprioleio, China’s accelerating AI and auto industries align as potential tailwinds for such a move, shaking up the global stage, source: Charles Edwards on X, Aug 28, 2025. According to @caprioleio, the post does not reference cryptocurrencies or provide index-level targets or timing details, source: Charles Edwards on X, Aug 28, 2025.