JPMorgan: Crypto flows plummet to $11 billion

JPMorgan analysts estimate that digital asset flows significantly decreased in the first quarter of 2026, reaching approximately $11 billion. This figure represents about one-third of the flows observed during the same quarter in the previous year, indicating a substantial slowdown. The analysts had previously anticipated an increase in flows for 2026, following a record inflow of nearly $130 billion in 2025. This estimate combines various sources, including crypto fund flows, futures activity, venture capital funding, and corporate treasury purchases, with corporate treasury bitcoin purchases being the primary driver in Q1.