🚀Spot #Bitcoin ETF approval hype fuels digital asset rally, but is it overdone? JPMorgan thinks so! 🤔

The bank is skeptical of fresh capital entering the #crypto market, suggesting existing capital may just shift from current products like $GBTC & futures ETFs. 🔄

JPM also notes that similar ETFs in Canada & Europe gained little interest from investors. 🌍

What do you think? Will a spot Bitcoin ETF approval bring in new capital or just reshuffle the deck? 💰🃏 Share your thoughts below! ⬇️ #cryptonews #ETFs