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JPMorgan Says $50 Billion Has Flowed Into Crypto This Year, Sees Stronger Q4 Momentum

JPMorgan Says $50 Billion Has Flowed Into Crypto This Year, Sees Stronger Q4 Momentum

  • JPMorgan said about $50 billion has flowed into the cryptocurrency market this year, with annualized inflows reaching about $66 billion.
  • JPMorgan said third-quarter inflows into exchange-traded funds (ETFs) and an increase in futures positions were especially notable.
  • JPMorgan said broader participation by retail and institutional investors is helping build positive momentum for fourth-quarter fund flows.

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JPMorgan estimates that about $50 billion has flowed into the cryptocurrency market this year, with third-quarter inflows into exchange-traded funds and rising futures positions helping build positive momentum for fourth-quarter flows.

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