👀 FTMO about to enter the Futures space?

Hi guys, it’s Kieran! Another week is upon us, so lets get into it.

📢 Prop Firm Industry News

Rumors have begun to surface that forex giants, FTMO could be about to enter the futures space. They have reportedly been contacting well known futures influencers to sound-out potential partnerships. This would be huge news and bring a whole new wave of traders over to the futures side of the industry.

Very cool if true. This is a story I will be watching closely.

From Payout Junction, here are the firms who paid out the most over the last 7 days 🏆️.

🔥 Monitor prop firm payouts LIVE on Payout Junction - https://payoutjunction.com.

🕜 Red Folder News

Here are this week’s red folder news events. Sorry for sharing the wrong calendar image last week 😆 This week… US inflation on Tuesday (CPI) and Wednesday (PPI) are the biggest events of the week. There has been no sign of inflation from Trump’s tariffs yet, however the Fed is expecting some at some point. A bigger than expected reading will likely see rates and the US Dollar rip higher, which will have knock-on effects across all asset classes, so keep an eye on the releases.

📈 The Macro View

Bitcoin up 25% in 2.5 weeks

The relentless Bitcoin bid continues. Trade wars completely ignored. Let’s see if it pulls other risk assets along with it this week.

As per Standard Chartered bank: “We continue to see BTC rising to around USD 135,000 by end-Q3 and to USD 200,000 by end-Q4”.

Might be there this week if this continues.

Bitcoin and Nasdaq

Long BTC & Nasdaq100 is a great way to play “risk-on” sentiment. Although they are different asset classes, and as such, provide a bit of diversification, they trade in a highly correlated manner.

However this morning, BTC is up big, whilst Nasdaq is red. Keep an eye on how this disconnection develops this week.

Bitcoin ETF growth….Fastest in history

In case more superlatives are needed. BlackRock's Bitcoin BTC ETF just became the fastest in history to hit $80 Billion in AUM. About 5x faster than the previous best which was Vanguard's S&P 500 ETF. Crazy, historic inflows.

Silver

Whilst a lot of the precious metals talk has been about Gold and the weakening US Dollar. Silver is catching a serious bid. Up 37% from it’s April 2nd ‘Liberation day’ lows and now breaking its 2012 highs. Up another 1.4% this morning.

A real world metal with real world economic fundamentals. Very important in supply chains, so if we see a similar move to what we saw in copper last week (+15% in a day!), expect an inflation/growth/real world economy effect.

A strengthening dollar might put this metals rally under pressure should inflation come in hot this week. On the flip side, should inflation come in surprisingly low, this rally will likely go into overdrive.

Ok guys that’s it for this week, stay safe out there!

Kieran

📚 Further Reading

How does understanding market psychology help in navigating prop firm challenges and managing risk? This week’s question to PerplexityAI includes:

• Performance Pressure in Trading

• Emotional Regulation Strategies

• Risk Management Techniques

• Market Sentiment Leverage

Click the link below!

Please do me a favour and share this with other traders, your communities and on social media. I’d greatly appreciate it, thanks! 🙂