Bitcoin May Overtake Gold as ETF Hedging Eases
JPMorgan is suggesting that Bitcoin may receive more support than gold as exchange-traded funds (ETFs) become easier to hedge.
This comes after JPMorgan analysts noted that the introduction of ETFs has made it simpler for investors to hedge their positions in digital assets like Bitcoin.
The implication is that this increased ease may lead to more support for Bitcoin, potentially even surpassing that of gold.