JPMorgan analysts indicate that digital asset capital inflows have surged to $60 billion in 2024, driven by favorable regulations and a growing interest in altcoins like Ethereum.
JPMorgan analysts report that capital inflow into digital assets has reached $60 billion year-to-date, marking a nearly 50% increase since late May. This rise is attributed to a more favorable U.S. regulatory environment and growing interest in altcoins, particularly Ethereum, which is gaining traction in DeFi and smart contracts. The inflows are expected to surpass last year's record, reflecting a robust institutional appetite for digital assets.