JPMorgan's recent analysis indicates that retail investors have pulled $4 billion from spot Bitcoin and Ethereum ETFs since November, exacerbating the ongoing crypto market correction. This marks the largest outflow since February, as retail investors reassess their risk exposure amid uncertain market conditions.
The report suggests that these significant outflows have contributed to a prolonged correction, contrasting with earlier expectations of a swift market recovery. The findings underscore the substantial impact of retail sentiment on digital asset prices, highlighting the volatility and sensitivity of the crypto market to investor behavior.
JPMorgan: $4 Billion ETF Outflows Drive Crypto Market Correction
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