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

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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