The Daily Hodl 2020-11-09 09:15:11

JP Morgan Analysts: Group of Large Investors May Be Ditching Gold ETFs for Bitcoin

New York-based financial giant JP Morgan reveals that large investors are putting their capital in Bitcoin (BTC) at the expense of gold. Grayscale managing director Michael Sonnenshein shared a chart from a recent JP Morgan report showing that since October 2019, Bitcoin has left the precious metal in the dust in terms of demand. “What […]The post JP Morgan Analysts: Group of Large Investors May Be Ditching Gold ETFs for Bitcoin appeared first on The Daily Hodl.

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