JPMorgan Chase questions sustainability of $12 billion crypto inflows
2024-06-17 23:17
Odaily News JPMorgan analysts raised questions about the sustainability of the $12 billion inflows into crypto assets so far this year. They noted that while much of the money has moved through spot Bitcoin exchange-traded funds (ETFs), they are skeptical about the sustainability of inflows given the current high price of Bitcoin relative to production costs and gold. While annualized net inflows could reach $26 billion based on this trend, analysts remain skeptical, in line with their early concerns about the impact of spot Bitcoin ETF approval on attracting new capital into the crypto space.
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BTC fell below 103,000 USDT, a 24-hour drop of 2.57%.
2025-11-11 16:34
OKX will launch ALLO U-based perpetual contracts.
2025-11-11 16:30
SOL fell below 160 USDT, a 3.8% drop in the last 24 hours.
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