JPMorgan Chase: Inflows into the crypto market have reached US$60 billion so far this year, and investors 'interest in altcoins has increased
According to online reports, according to estimates by JPMorgan analysts, capital inflows into digital assets have reached US$60 billion year-to-date, mainly driven by inflows of crypto funds, active futures trading on the CME Stock Exchange and venture capital financing activities. Analysts pointed out that inflows have increased by nearly 50% since the end of May and are expected to easily exceed last year's historical record. Analysts said a more friendly regulatory environment in the United States was one of the key drivers. Investor interest in altcoins is also rising. Among them, Ethereum is the biggest beneficiary, due to its dominant position in decentralized finance (DeFi) and smart contracts, and its increasing inclusion in corporate treasury configurations, along with Bitcoin. More and more asset management companies are interested in launching crypto ETFs based on altcoins and introducing pledge mechanisms.
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