Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says

[ad_1]

This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (stock ticker BITO) may have aided the cryptocurrency’s recent price surge to an all-time high, though the perception of bitcoin as an inflation hedge over gold is probably a bigger factor, a JPMorgan strategist wrote Thursday.

[ad_2]

Leave a Reply

Your email address will not be published.