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JPMorgan analysts expect that after a historic capital inflow of nearly $130 billion into the crypto market in 2025, a year-over-year increase of about one-third, the overall capital inflow in 2026 is still expected to continue rising, but the main driving force will come more from institutional investors. The analysis indicates that the capital growth in 2025 was primarily driven by Bitcoin and Ethereum ETFs and allocations from Digital Asset Trust (DAT) companies, while institutional participation reflected by CME futures has significantly slowed down compared to 2024. (The Block)