JPMorgan sees rising institutional inflows driving crypto market this year

JPMorgan has projected that an increase in institutional capital and greater regulatory clarity could bolster cryptocurrency prices, CoinDesk reported. In a report, JPMorgan strategist Nikolaos Panigirtzoglou stated that he expects crypto fund inflows to grow further this year, driven by institutional investors rather than retail traders or digital asset treasuries (DATs). He added that this shift could be accelerated by the potential passage of additional U.S. crypto legislation, particularly the market structure bill (CLARITY Act). Panigirtzoglou expressed a positive outlook for the crypto market this year.