JPMorgan: Crypto De-Risking Subsides as ETF Flows Show Stability
According to JPMorgan, the recent crypto market correction was primarily due to investor de-risking that followed MSCI’s October announcement. The report suggests that this phase of de-risking is likely coming to an end as Exchange Traded Fund (ETF) flows stabilize. The analysis focuses on market dynamics and investor behavior in response to external announcements, specifically within the context of crypto assets and investment vehicles like ETFs. The report indicates a shift in market sentiment as the initial reaction to MSCI's announcement diminishes.
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