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Q1 crypto inflows drop to one-third of last year…retail and institutions both pull back

Q1 crypto inflows drop to one-third of last year…retail and institutions both pull back

  • JPMorgan said Q1 crypto inflows totaled about $11 billion, plunging to around one-third of last year’s level.
  • It said outflows were observed in CME bitcoin futures and spot bitcoin and ether ETFs, with fund flows from both retail and institutional investors minimal or showing negative growth.
  • JPMorgan assessed the digital asset market as a precarious structure reliant on certain companies’ bitcoin buying and concentrated VC funding.

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Photo=Shutterstock
Photo=Shutterstock

An analysis has found that the amount of capital flowing into the crypto (digital asset) market in the first quarter of this year plunged to roughly one-third of the level seen in the same period last…

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