Bitcoin ETFs Face Declining Inflows: JPMorgan Reports Investor Disinterest

From Quiver Quantitative:

Investor interest in spot Bitcoin ETFs has declined, with JPMorgan Chase experiencing its lowest single-day gross inflows and net outflows of approximately $153 million. The slowdown in interest has also led to a decrease in the performance of other related entities, such as Coinbase Global Inc. Despite the recent drop in enthusiasm, the total net inflows of $857 million still make the Bitcoin spot ETFs the most successful launch in history. The current cooling of interest reflects changing investor sentiments and market dynamics, potentially due to market volatility, regulatory concerns, or a shift in investment strategies.



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