JPMorgan Chase: Cryptocurrency market inflows have reached $60 billion so far this year, and investors interest in altcoins has increased
Odaily News According to JPMorgan analysts, capital inflows into digital assets have reached $60 billion since the beginning of the year, mainly driven by inflows from crypto funds, active futures trading at CME, and venture capital fundraising activities. Analysts pointed out that since the end of May, capital inflows have increased by nearly 50%, and are expected to easily surpass last years historical record.
Analysts say the friendlier regulatory environment in the United States is one of the key driving factors. Investors interest in altcoins is also rising. Among them, Ethereum is the biggest beneficiary due to its dominance in decentralized finance (DeFi) and smart contracts, and it is increasingly being included in corporate treasury allocations along with Bitcoin. More and more asset management companies are interested in launching crypto ETFs based on altcoins and introducing pledge mechanisms. (The Block)
You may also like

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

Kalshi's biggest competitor is not Polymarket

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain

B.AI partners with MiniMax to launch a limited-time free experience of M3, enabling zero-threshold implementation of Agentic productivity through full-stack infrastructure

A company that was on the verge of bankruptcy has just surpassed Bitcoin in market value

The two giants are racing in "credit": loan balances of 9.9 billion vs 14.6 billion USD, Brazil has become the main battlefield

Rented Belief: How Much of the Bitcoin ETF Fund Flow is Real Money

On-chain finance: On-chain IPOs and on-chain ICOs, a new frontier in the trillion-dollar market

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro

WEEX Makes Affiliate Access Easier on the Web and in the App

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It

Perp DEX: The Next Generation Exchange "War"

10 Counterintuitive Insights on Latin American Payments

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

