🤔 Bitcoin is more attractive than Gold – JPMorgan



➥ After the start of the conflict in the Middle East, investors have been increasingly choosing Bitcoin over Gold as a safe haven.

➥ Bitcoin ETFs have been experiencing inflows for the third consecutive month, while Gold ETFs have not yet recovered from March outflows.

➥ JPMorgan describes this as a rotation of the "debasement trade" – a strategy where investors buy assets like Gold or BTC to hedge against fiat devaluation, inflation, and geopolitical risks.

➥ Demand for Bitcoin is coming not only from retail investors through ETFs. Institutional investors are increasing their exposure via CME futures.

➥ An additional factor is Michael Saylor's company. The strategy remains the largest corporate holder of BTC and is accelerating its purchases this year. If the current trend continues, the company's purchase volume could reach about $30b over the year.

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