By Bitcoin.com 18 June 2024 | 4:11 am

JPMorgan Questions Sustainability of $12 Billion Crypto Inflows

Byte-sized news on the latest topics relating to crypto and technology.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 […]