JPMorgan: ETF Outflows Moderating, Crypto Market Sell-off May Be Nearing Bottom

BlockBeats News, January 8th, according to CoinDesk's report, JPMorgan Chase's latest report pointed out that the recent sell-off in the cryptocurrency market may be coming to an end. Analyst Nikolaos Panigirtzoglou stated that outflows from Bitcoin and Ethereum ETFs started to stabilize in January, and futures market positioning indicators also indicate that investors' deleveraging behavior from the end of 2025 has been mostly completed.

JPMorgan Chase believes that market liquidity remains strong, and this round of correction was mainly caused by derisking following MSCI's statement in October last year about potentially excluding crypto-related companies, rather than market pressure. MSCI recently decided not to exclude cryptocurrency-related companies in the global stock index review scheduled for February 2026, providing short-term relief to the market and reducing forced selling risks associated with index changes.