JPMorgan expects a major capital inflow into crypto markets in 2026.
JPMorgan believes that 2026 could mark a turning point for institutional capital entering the crypto industry.
In 2025, inflows were driven mainly by BTC and ETH ETFs and corporate digital asset treasuries (DAT)
More than $68b came from DAT strategies, including ~$23b in purchases by Strategy
DAT activity dropped sharply after autumn
According to JPMorgan, institutional investors — not retail and not corporate Bitcoin treasuries — are expected to become the main growth driver in 2026.
Key reasons:
Clearer and more comprehensive regulation
Rising confidence from traditional finance
Potential impact of the CLARITY Act in the U.S.
Regulatory clarity could trigger a new wave of:
Venture capital investments
M&A activity involving large corporations
IPOs across stablecoins, payments, exchanges, custody, and infrastructure
