đ„ JPMORGAN SAYS BITCOIN COULD GET MORE SUPPORT AS ETF HEDGING EASES
JPMorgan sees a potential shift in relative support between Bitcoin and gold if hedging activity around Bitcoin ETFs starts to ease.
The bank argues that options hedging has recently created additional selling pressure around Bitcoin ETFs. If that activity declines, the reduced hedging flow could provide a more supportive backdrop for BTC.
JPMorganâs comparison with gold focuses on market structure rather than a direct price forecast. Bitcoinâs growing ETF options market creates hedging flows that can influence spot markets, while goldâs ETF ecosystem has a different options and hedging profile.
The key question is whether declining hedging demand can translate into stronger underlying BTC demand.
#BTC #JPMorgan #BitcoinETF #CryptoMarket
#ThuyBNB
$BTC $BNB $ETH
JPMorgan sees a potential shift in relative support between Bitcoin and gold if hedging activity around Bitcoin ETFs starts to ease.
The bank argues that options hedging has recently created additional selling pressure around Bitcoin ETFs. If that activity declines, the reduced hedging flow could provide a more supportive backdrop for BTC.
JPMorganâs comparison with gold focuses on market structure rather than a direct price forecast. Bitcoinâs growing ETF options market creates hedging flows that can influence spot markets, while goldâs ETF ecosystem has a different options and hedging profile.
The key question is whether declining hedging demand can translate into stronger underlying BTC demand.
#BTC #JPMorgan #BitcoinETF #CryptoMarket
#ThuyBNB
$BTC $BNB $ETH
