JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
![JPMorgan Questions Sustainability of $12 Billion Crypto Inflows](https://cryptoinvestment.at/wp-content/uploads/2024/06/jpmorgan-questions-sustainability-of-12-billion-crypto-inflows.png)
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds (ETFs). However, much of this inflow represents a shift from crypto wallets […]