JPMorgan Estimates $50B Flowed Into Crypto This Year

JPMorgan's estimate matters less as a precise figure than as a signal that a major bank is now framing crypto inflows as a trackable macro variable. The annualized pace implies that momentum, not just absolute flows, is the metric being watched heading into the fourth quarter. Whether that improving momentum holds through year-end — or proves to be a seasonal artifact — is the open question.