DeFi
JPMorgan’s JLTXX Tokenized Fund Surges 250% to $695M in One Month on Ethereum
JPMorgan's JLTXX tokenized money market fund surged 250% to $695M AUM in a single month on Ethereum, driven by GENIUS Act stablecoin compliance demand.
Marcus Feld is CoinScoop's DeFi and on-chain analyst. He digs into L2 activity, stablecoin flows and protocol revenue, translating raw chain data into plain-English calls.
JPMorgan's JLTXX tokenized money market fund surged 250% to $695M AUM in a single month on Ethereum, driven by GENIUS Act stablecoin compliance demand.
Spot-ETF demand snapped back on Thursday, pulling BTC, ETH and SOL higher into the weekly close.