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JPMorgan Says Bitcoin Could Gain More Than Gold if ETF Hedging Eases

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JPMorgan Says Bitcoin Could Gain More Than Gold if ETF Hedging Eases

JPMorgan Data Shows Bitcoin ETF Hedging Remains Elevated Versus Gold. JPMorgan has identified a significant difference between investor positioning in Bitcoin and gold, with derivatives and short-selling data showing greater hedging activity around Bitcoin-related products.

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