✅ Bitcoin may receive stronger price support than gold if institutional investors unwind their heavy downside hedging on crypto exchange-traded funds. $BTC $XAU $GLD.ETF
Gold ETFs have recovered 100% of their 2026 outflows, whereas Bitcoin ETFs have only recovered about 50%.
IBIT short interest is edging toward its 2026 high, while GLD shorts sits well below its historical average 📈.
According to JPMorgan, this heavy hedging pressure is creating an asymmetric upward price impulse for Bitcoin over gold, challenging gold’s safe‑haven dominance.
Gold ETFs have recovered 100% of their 2026 outflows, whereas Bitcoin ETFs have only recovered about 50%.
IBIT short interest is edging toward its 2026 high, while GLD shorts sits well below its historical average 📈.
According to JPMorgan, this heavy hedging pressure is creating an asymmetric upward price impulse for Bitcoin over gold, challenging gold’s safe‑haven dominance.
