JP Morgan analysts argue Bitcoin holds greater upside potential than gold, driven by crypto-specific catalysts and institutional adoption. Recent acquisitions by major exchanges signal a maturing derivatives market, attracting traditional investors.
- Bitcoin ETFs are surpassing gold ETFs in net inflows, reflecting shifting investor preferences.
- Major crypto exchanges like Coinbase and Kraken are expanding into derivatives, signaling market maturation.
- JP Morgan analysts view Bitcoin as a risk-on asset, correlating more with equities than safe-haven gold.
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