⚡ JPMorgan: Bitcoin $BTC c could see stronger price support than gold as hedging via the ETF eases.
According to JPMorgan analysts, this happens if ETF-based hedging activity cools off; short selling against BlackRock's IBIT is at its highest level in 2026.
Why is this noteworthy?
It suggests that short-selling pressure and ETF flows are recalibrating Bitcoin’s role versus gold.
Simply put:
If hedging were reduced, Bitcoin could hold up better than gold, even though short-selling pressure on IBIT remains high.
#CryptoNews
🔗 Source: CryptoPotato
⚠️ Information is for reference only and not investment advice. Please do your own research before deciding (DYOR).
According to JPMorgan analysts, this happens if ETF-based hedging activity cools off; short selling against BlackRock's IBIT is at its highest level in 2026.
Why is this noteworthy?
It suggests that short-selling pressure and ETF flows are recalibrating Bitcoin’s role versus gold.
Simply put:
If hedging were reduced, Bitcoin could hold up better than gold, even though short-selling pressure on IBIT remains high.
#CryptoNews
🔗 Source: CryptoPotato
⚠️ Information is for reference only and not investment advice. Please do your own research before deciding (DYOR).