Lengthy-Desired Bitcoin ETF Might Really Damage Value in Quick Time period: JPMorgan

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Lengthy-Desired Bitcoin ETF Might Really Damage Value in Quick Time period: JPMorgan

Whereas a bitcoin exchange-traded fund (ETF) can be a long-term optimistic, within the quick time period it might harm the value of the main crypto


Whereas a bitcoin exchange-traded fund (ETF) can be a long-term optimistic, within the quick time period it might harm the value of the main cryptocurrency as it could draw institutional cash from the Grayscale Bitcoin Belief (GBTC), at present the one means for some on Wall Avenue to achieve publicity to bitcoin, JPMorgan analysts wrote in a report.



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