🚨 Bitcoin may surpass gold 📈 If ETF hedging restrictions are relaxed 🧠

📊 | $BTC | $ETH | $BNB |

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- JPMorgan Chase believes that support for Bitcoin versus gold will increase.
- The prerequisite is that investors withdraw the high-cost hedging of crypto ETFs.
- At present, BlackRock IBIT’s positioning remains more defensive than major gold funds. 🔥

- If ETF hedging is relaxed, Bitcoin could rise to gold-levels.
- Institutional “whales” may add to positions, significantly boosting liquidity in the short term.
- Market volatility is expected to rise, and larger swings may occur in the near term.

- How do you think ETF hedging adjustments will affect the price of Bitcoin?

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