JPMorgan Chase: Cryptocurrency market inflows have reached $60 billion so far this year, and investors' interest in Altcoin has increased

According to Morgan Stanley analysts, capital inflows into digital assets have reached $60 billion year-to-date, primarily driven by crypto fund inflows, active CME futures trading, and venture capital funding activities. Analysts noted that fund inflows have grown nearly 50% since late May, potentially easily surpassing last year's historical record. Analysts stated that the increasingly friendly U.S. regulatory environment is one of the key driving factors. Investor interest in Altcoins is also rising. Among these, Ethereum is the biggest beneficiary, due to its dominant position in decentralized finance (DeFi) and smart contract domains, and its increasing inclusion in corporate treasury allocations alongside Bitcoin. More and more asset management companies intend to launch crypto ETFs based on Altcoins and introduce staking mechanisms.