JPMorgan analysts stated that despite recent fluctuations in Bitcoin spot ETF fund flows, leveraged ETFs related to Strategy have recorded stable net inflows for seven consecutive weeks, primarily driven by retail investors. This may support its stock price and prevent common shares from falling below the net asset value of the Bitcoin it holds. Meanwhile, Strategy has increased its USD reserves from $2.55 billion to $3 billion, enough to cover approximately 20 months of preferred stock dividends. This helps alleviate market concerns about the potential sale of BTC to pay dividends in the future. Analysts also pointed out that this week, CME Bitcoin futures and perpetual contracts still recorded positive fund flows despite net outflows from spot ETFs, indicating improved institutional demand. While it’s still difficult to determine whether Strategy’s increased cash reserves have directly boosted Bitcoin investor sentiment, these factors are all seen as positive signals for Bitcoin’s outlook. (The Block) https://www.(wublock123.com)/news/jpmorgan-increases-cash-reserves-eases-crypto-selloff-concerns-bitcoin-futures-demand-improves-64779