JPMorgan turns bullish on crypto ETFs

Group 1 - JPMorgan Chase observes easing outflows from cryptocurrency ETFs in January after significant outflows in December 2025, while global equity ETFs saw record inflows of $235 billion [1] - The bank suggests that the recent crypto sell-off may be nearing a bottom, as indicated by various crypto indicators and futures [2][3] - Analysts note that retail and institutional investors likely completed their trimming of holdings in the last quarter of the previous year [3] Group 2 - Bitcoin ETFs have recorded a net inflow of $439 million in 2026, while Ether ETFs have seen approximately $359 million in inflows [4] - The decision by MSCI to maintain the inclusion of digital asset treasury companies in its indices is expected to support the trend of inflows into crypto [4] - JPMorgan concludes that the current data suggests a bottoming phase in the market, reducing the risk of further sell-offs [5]