JPMorgan Chase: A record $78 billion is expected to enter the crypto market in 2024, 28% of which will come from MicroStrategy's Bitcoin purchases
PANews reported on January 5 that according to Bitcoin News, JPMorgan Chase's global market strategists said in a report that with the help of Trump's victory, 2024 is a key year for digital assets, and a record $78 billion is expected to enter the crypto market. This capital inflow includes several key parts: $27 billion in net inflows from crypto funds, $14 billion invested in CME futures, $14 billion raised by crypto venture capital funds, $22 billion in Bitcoin purchased by MicroStrategy, and another $1 billion in Bitcoin purchased by Bitcoin miners. In other words, MicroStrategy's Bitcoin purchases alone accounted for 28% of last year's record crypto market capital inflows.
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