Where has all this money gone? I haven't seen many coins really increase in value?

JPMorgan: Capital inflows into cryptocurrencies have reached $60 billion this year

On July 25, news from The Block reported that JPMorgan analysts estimated that, driven by capital flows into crypto funds, CME futures trading activity, and venture capital financing, the inflow of funds into the digital asset space has reached $60 billion this year. Since the end of May, inflows have increased by nearly 50%, and are expected to easily surpass last year's historical record. Analysts pointed out that the U.S. 'GENIUS Act' provides a regulatory framework for stablecoins, while the 'CLARITY Act' promotes the classification of digital assets, creating a better policy environment that is attracting more institutional participation. The report added that Ethereum, due to its dominant position in DeFi and smart contracts, has become a key focus for institutional allocation, while altcoin ETFs with staking features have also gained more attention from asset management companies. Fund flows indicate strong performance of digital assets and hedge funds, contrasting with private equity and credit markets. Additionally, as most stablecoins are denominated in U.S. dollars, other countries are ramping up competition. $BNB