Analysts at the major U.S. investment bank JP Morgan indicated in a report released on Wednesday, U.S. time, that if investors reduce their hedging demand for ETFs, Bitcoin (BTC) could attract stronger demand than gold.
Following the Federal Reserve Board (FRB) meeting in late July, the 'debasement trade' strategy, aimed at hedging against currency depreciation, reignited, leading to capital inflows into both Bitcoin spot ETFs and gold ETFs. However...
