JPMorgan Bullish on Crypto, Sees Institutional Flows Driving 2026 Year‑End Rally
JPMorgan has turned more positive on the crypto outlook after bitcoin recently fell below what the bank estimates as miners' production cost. Despite that weakness, the firm highlighted improving on‑chain fundamentals and an uptick in institutional interest as reasons the market may regain momentum through 2026. This view matters because institutional flows can provide sustained liquidity and change market dynamics compared with retail‑driven moves. If inflows persist, JPMorgan suggests they could underpin a year‑end rally, making fund flows and fundamental indicators key signals for investors watching risk allocation into digital assets.