CoinScoopJPMorgan: Bitcoin demand could surpass gold if ETF hedging declines
JPMorgan analysts noted in a report that Bitcoin (BTC) could attract stronger demand than gold if investors reduce their hedging activity through spot ETFs. While the "debasement trade" strategy has recently driven inflows into both Bitcoin and gold ETFs, rising real interest rates remain a factor in market dynamics.
Summaries are written by AI from the original article. Not investment advice.