JPMorgan Reports $60 Billion Inflow into Cryptocurrencies

Capital inflow into digital assets has reached $60 billion since the beginning of the year, according to a report by JPMorgan analysts, as reported by The Block.

This figure has increased by nearly 50% since the end of May and may surpass last year’s record. The main sources of inflows are crypto funds, the CME futures market, and venture investments.

The primary catalyst is the improved regulatory environment in the United States. According to analysts, the GENIUS Act has clarified the regulation of stablecoins and set a benchmark for other countries.

Another document, the CLARITY Act, could make the United States more attractive for crypto companies compared to the European Union’s jurisdiction and its MiCA regulation, analysts believe.

Improved legislation is stimulating market activity. Venture financing has increased, and public companies are showing new momentum. Analysts noted the successful IPO of Circle and the rise in new filings with the SEC.

Demand for Ethereum

Investors are also showing increased interest in altcoins. The main beneficiary has been Ethereum, thanks to its dominance in the DeFi segment and growing use in corporate reserves alongside Bitcoin. Asset managers are interested in launching altcoin-based ETFs with staking features.

Specifically, BlackRock’s iShares Ethereum Trust (ETHA) has attracted $10 billion over the year, according to Bloomberg senior analyst Eric Balchunas.

LOOK OUT: $ETHA just hit $10b in one year flat, the 3rd fastest ETF to hit that mark in history after (you guessed it) two bitcoin ETFs $IBIT & $FBTC. Amazingly it went from $5b to $10b in just 10 days (ETF asset equiv of a God candle). Is in Top 5 in flows 1M, 1W. Sister Hazel! pic.twitter.com/Jrrb15BdHV

— Eric Balchunas (@EricBalchunas) July 24, 2025

According to him, the instrument became the third fastest in history to reach this mark. The first two places are held by Bitcoin ETFs from BlackRock and Fidelity.

Balchunas noted that the asset volume grew from $5 billion to $10 billion in just ten days. The fund entered the top five in terms of inflows over the past week and month.

Recently, the net inflow into spot Ethereum ETFs amounted to $332.2 million. Almost the entire sum was attributed to BlackRock’s fund — $324.6 million. The total inflow into all nine U.S.-traded funds reached $8.65 billion.

The U.S. Securities and Exchange Commission approved the launch of such products in May 2024. Trading began on July 23, 2024.

Since mid-May, funds and treasury companies acquired 2.83 million ETH, calculated Bitwise’s Chief Investment Officer Matt Hougan. According to him, this created a “demand shock” for the asset.