ECB Total Assets
European Central Bank total assets (€M, weekly)
| Property | Value |
|---|---|
| Category | macro |
| Unit | €M |
| Resolution | 1d |
| Assets | MACRO |
| Tier | Basic |
| API Endpoint | GET /v1/macro/monetary |
| Field | ecb_assets |
Overview
Total assets on the European Central Bank's consolidated balance sheet, in millions of euros, weekly frequency (FRED ECBASSETSW). Includes refinancing operations, asset purchase programmes (APP, PEPP), gold reserves, and emergency lending facilities.
Interpretation
- Rising ECB assets: balance sheet expansion via QE or emergency liquidity operations — supportive of euro-area risk assets and global liquidity.
- Falling ECB assets: quantitative tightening or repayment of TLTRO loans — tighter eurozone conditions.
- Step-changes typically reflect new policy programs (e.g., PEPP launches).
Use Cases
- Combine with
macro_fed_balance_sheetandmacro_boj_assetsto construct a G3 global liquidity index — a leading macro overlay for Bitcoin cycle analysis. - Track alongside
macro_eurusdto detect ECB-Fed policy divergence. - Use to identify periods of synchronized G3 easing that historically coincide with BTC bull markets.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/macro/monetary?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- Fed Balance Sheet — Federal Reserve total assets ($M, weekly)
- BOJ Total Assets — Bank of Japan total assets (¥B, monthly)
- EUR/USD — Euro to US Dollar exchange rate (daily)
- Net Liquidity — Fed Balance Sheet minus RRP minus TGA ($M, weekly)