JPMorgan's latest assessment: $BTC as a hedge against currency devaluation is gradually surpassing gold in performance.


If this had been said two years ago, it would probably have been mocked by the crowd, but now the data is clear—$BTCETF has had net inflows for three consecutive months, while gold ETFs haven't yet recovered the outflows from March.
CME$BTC futures and offshore perpetual contracts are hitting new highs in open interest, indicating that not only retail investors are following the trend, but institutions are quietly increasing their positions as well.
Interestingly, the turning point of this shift coincided exactly after the Iran conflict.
In the past, people called "digital gold" more of a meme, but when traditional investment banks start using real money and data to support this narrative, it’s no longer just a story.
BTC0.34%
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