JPMorgan: Cryptocurrency ETF inflows rebounded in January, suggesting market selling pressure may have eased

According to Odaily, JPMorgan analysts stated that after outflows in December, cryptocurrency ETF fund flows are stabilizing in January. In a report led by Nikolaos Panigirtzoglou, the analysts pointed out that although global equity ETFs recorded a record inflow of $235 billions, bitcoin and ethereum ETFs still experienced outflows last month. Currently, indicators such as ETF fund flows and perpetual futures market positions suggest that the selling pressure in the cryptocurrency market may be easing. The analysts believe that the recent correction in the cryptocurrency market was mainly due to investors' risk-averse behavior following MSCI's announcement of potential index exclusions in October, rather than a deterioration in market liquidity. MSCI's decision not to exclude bitcoin and cryptocurrency financial companies from the global equity benchmark review in February 2026 may further support market stability.