60 billion dollars flow into the crypto market, is the crypto world about to change?
According to The Block, JPMorgan analysts estimate that as of now, the funds flowing into the digital asset space this year have reached 60 billion dollars. Since the end of May, the influx of funds has nearly "rocketed," growing by almost 50%, and it seems just a matter of time before it easily surpasses last year's total level.
Behind the crazy influx of funds, positive changes at the policy level cannot be overlooked. The U.S. "GENIUS Act" has established a regulatory framework for stablecoins, allowing them to transition from being "blacklisted" to compliant; the "CLARITY Act" has clarified the classification of digital assets, making the regulatory responsibilities of the SEC and CFTC increasingly clear. As policy clouds gradually disperse, institutional investors are stepping in, injecting continuous vitality into the market.
Ethereum, with its "dominant" position in the DeFi and smart contract domains, has become a coveted asset for institutional investment. Applications such as DeFi lending and decentralized exchanges are thriving within the Ethereum ecosystem, and smart contracts have made various innovative financial plays a reality, naturally attracting a large influx of funds. Meanwhile, altcoin ETFs with staking features have also gained countless fans among asset management companies. For example, the Solana staking ETF, through its innovative structure, brings investors dual "benefits" of price returns and staking rewards, quickly attracting market attention and becoming a new darling of funds.
From the perspective of fund flow, digital assets are taking off in tandem with hedge funds, in sharp contrast to the "low-key" private equity and credit markets. This indicates that investors are actively adjusting their asset allocation, seeking high-return opportunities in the crypto market. As most stablecoins are dollar-denominated, other countries are feeling competitive pressure, hastening their steps to either improve regulation or develop domestic crypto projects, attempting to gain a share in this global crypto wave.