Market News / Story
JPMorgan estimates $50 billion has flowed into crypto this year as momentum improves into Q4
The Block ·
The Block reports: Around $50 billion has flowed into digital assets so far this year, with stronger ETF flows and futures positions creating positive momentum heading into the fourth quarter, according to JPMorgan analysts. The current inflows equal an annualized pace of about $66 billion, the JPMorgan analysts led by Nikolaos Panigirtzoglou said in a Wednesday report, noting that that's higher than the $52 billion annualized pace recorded in May, but still around half of last year's pace.…