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JPMorgan says bitcoin could get more support than gold if ETF hedging eases
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First seen7h agoJPMorgan says bitcoin could get more support than gold if ETF hedging eases
Bitcoin could get more support than gold if investors reduce their ETF hedges, according to JPMorgan analysts.
The Block•Yogita Khatri
Latest4h agoBitcoin to Outperform Gold if ETF Hedging Eases, JPMorgan Says
JPMorgan says Bitcoin could gain more support relative to gold if investors unwind elevated hedges around crypto ETFs, with positioning in BlackRock’s IBIT still far more defensive than in major gold funds.
U.Today•Alex Dovbnya