🏦 JPMorgan has just said Bitcoin $BTC may be able to surpass gold if the hedging pressure through ETFs cools down.
JPMorgan believes Bitcoin could receive more support than gold if investors reduce risk hedging via ETFs.
Why is it worth noting?
If ETF hedging flows weaken, Bitcoin could benefit relatively more than gold.
In simple terms:
JPMorgan thinks that when the risk-hedging pressure via ETFs decreases, Bitcoin could perform better than gold.
#CryptoNews
🔗 Source: U.Today
⚠️ Information is for reference only and is not investment advice. Please do your own research before making a decision (DYOR).
JPMorgan believes Bitcoin could receive more support than gold if investors reduce risk hedging via ETFs.
Why is it worth noting?
If ETF hedging flows weaken, Bitcoin could benefit relatively more than gold.
In simple terms:
JPMorgan thinks that when the risk-hedging pressure via ETFs decreases, Bitcoin could perform better than gold.
#CryptoNews
🔗 Source: U.Today
⚠️ Information is for reference only and is not investment advice. Please do your own research before making a decision (DYOR).