JPMorgan estimates crypto inflows of $50B in 2026

00:00 Speaker A

JP Morgan pegs 2026 crypto inflows near 50 billion.

00:06 Speaker A

Momentum building into Q4. They actually extrapolated this forward forward saying that they think that we will have an annualized pace of roughly 66 billion, which could actually increase if the bull market progresses.

00:18 Speaker A

So obviously, when they talk about float into Bitcoin, this is not all in ETFs. This is combining fund flows, future-based movements, venture funding, and purchases by corporate treasuries and miners, which is interesting.

00:36 Speaker A

We talk about purchases by miners. Actually, I wouldn't be surprised if we look to see that miners have sold more Bitcoin than they've bought as they make the transition into being AI data centers, but that is not the story we are discussing today. It's also includes private companies and government-related entities.

00:54 Speaker A

This is a lot of money flowing into an industry that has been the narrative has been that it's dead, and that we've been in a bull bear market and then we're never coming back.

01:07 Speaker A

$50 billion dollars is a lot of money, 66 billion by the end of the year, especially because if you read more deeply into it, they're extremely bullish moving forward and thinking that that trend will continue to increase and become much larger.

01:25 Speaker A

So is it really a story that the Bitcoin ETFs lost $729 million on Wednesday and Thursday? Or is it a bigger story that the industry writ large has gained about 50 billion even as market cap has dropped and we've gone through a bare market.

01:46 Speaker A

I think it's important once again to remember that we should always zoom out and look at the longer trend and not get too caught up on what's happening on a day-to-day basis.