Brothers and sisters are following the children.

J.P. Morgan: So far this year, the inflow of funds into the crypto market has reached $60 billion, and investor interest in altcoins is rising.

$BTC rise

According to estimates by J.P. Morgan analysts, the capital inflow into digital assets has reached $60 billion year-to-date, primarily driven by inflows into crypto funds, active futures trading on the CME, and venture capital fundraising activities. Analysts noted that since the end of May, inflows have grown by nearly 50%, and are expected to easily surpass last year's historical record.

Analysts stated that the increasingly friendly regulatory environment in the U.S. is one of the key driving factors. Investor interest in altcoins is also on the rise. Among them, Ethereum is the biggest beneficiary, due to its dominant position in decentralized finance (DeFi) and smart contracts, as well as its increasing inclusion in corporate treasury allocations alongside Bitcoin. An increasing number of asset management companies intend to launch altcoin-based crypto ETFs and introduce staking mechanisms.