Share this article
Crypto Inflows Surge to $60B Year-to-Date, Outpacing Private Equity: JPMorgan
The friendlier regulatory climate in the U.S. has led to an increase in digital asset inflows in recent months, the report said.
Updated Jul 24, 2025, 1:07 p.m. Published Jul 24, 2025, 11:54 a.m.
What to know:
- Digital asset inflows have surged to $60 billion year-to-date, according to JPMorgan.
- The bank said new U.S. legislation is providing long-sought regulatory clarity, attracting both venture funding and public market interest.
- Altcoins are also seeing rising demand, the report said.
Capital is flooding into digital assets at a record pace this year, according to Wall Street bank JPMorgan (JPM), marking a sharp contrast with declining flows into private equity and private credit markets.
JPMorgan estimates that net capital inflows into digital assets have hit $60 billion year-to-date, a nearly 50% jump since the firm’s last update at the end of May, the bank said in a report on Wednesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
That figure includes crypto fund flows, Chicago Mercantile Exchange (CME) futures activity, and crypto venture funding, and puts 2024 on track to eclipse last year’s record.
“The surge of capital inflows into digital assets over the past couple of months has likely been supported by favorable U.S. regulations,” analysts led by Nikolaos Panigirtzoglou wrote.
Notably, the passage of the GENIUS Act in Congress provided long-awaited regulatory clarity around stablecoins, establishing global standards for dollar-backed tokens and triggering competitive responses abroad, the authors wrote.
China is pressing ahead with its digital yuan rollout, and a yuan-backed stablecoin is now in the works in Hong Kong.
Meanwhile, the CLARITY Act, currently moving through Congress, aims to define whether digital assets are securities or commodities, potentially making the U.S. more attractive for crypto-native companies compared to the EU’s Markets in Crypto-Assets (MiCA) framework, the report said.
This friendlier regulatory climate is fueling a resurgence in both private and public crypto markets.
Crypto venture capital (VC) funding has picked up, while public market interest is growing following Circle’s (CRCL) initial public offering (IPO) and a flurry of new filings with the Securities and Exchange Commission (SEC), the bank noted.
Altcoins are also experiencing renewed investor attention, the report said, and ether , in particular, has benefited from its central role in decentralized finance (DeFi) and smart contracts, and is increasingly being added to corporate treasuries alongside bitcoin.
Asset managers have begun exploring new altcoin-based crypto exchange-traded funds (ETFs), some with staking features, signaling rising institutional appetite beyond bitcoin , the report added.
Read more: CLARITY Act Could be a Game Changer for Institutional Adoption of Crypto: Benchmark
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
