The post JPMorgan Sees Significant Rotation Away From Digital Wallets To BTC ETFs As Crypto Markets See $12B Net Inflows appeared first on Coinpedia Fintech News
While the crypto markets saw $12 billion Net inflows this year, JP Morgan stated that the majority of $16 Billion inflows in Spot Bitcoin ETFs came from existing digital wallets on exchanges and is skeptical that the pace of inflows will continue for the rest of the year. Analysts believe there has been a significant …