It is said that the interest of institutional investors is growing, with the amount of investment from VCs increasing. At 10:15 a.m. on the 25th, the domestic Bitcoin price based on Bithumb rose to 1.1% from the previous day.
At the same time, the overseas Bitcoin price on CoinMarketCap fell 1.08% from the same time the previous day to 160,256,000 won.
According to The Block on the 24th (local time), US investment bank JP Morgan said that "this year, the equivalent of $60 billion has flowed into the global cryptocurrency market."
"Especially since the end of May, the amount of inflows has increased significantly," he said. His analysis is that a large amount of funds have flowed in from cryptocurrency funds, futures trading, VCs, etc.
JP Morgan explained that the US regulatory environment is becoming more crypto-friendly, especially with the recent stablecoin bill, Genius.
The Act is being praised for providing legal clarity and establishing a global standard. JP Morgan said, "We have seen an increase in the number of investments in crypto assets in the VC industry," and "We are pleased to announce that we will begin offering services to issue USDC as a formal offering."
"Kuru's successful listing on the U.S. stock market has also led to a surge in initial public offering (IPO) filings with the U.S. Securities and Exchange Commission (SEC)," he said.
Furthermore, “Ethereum (ETH) has strengthened its dominance in the decentralized finance (DeFi) ecosystem,
"They are benefiting from being adopted as strategic assets by companies along with Bitcoin," he said, adding, "Asset management companies are also showing increasing interest in exchange-traded funds (ETFs) based on altcoins."
"The Bitcoin Spot ETF saw a net inflow. On the 24th (local time), a total of $194.2 million flowed into the Bitcoin Spot ETF.
2025/07/25 14:11 KST
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