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Bitcoin ETF Is Not Fueling Top Cryptocurrency’s Rise to Record Highs, Says JPMorgan

Bitcoin ETF Is Not Fueling Top Cryptocurrency’s Rise to Record Highs, Says JPMorgan


The Daily Hodl
2021-10-21 22:01:28

Despite conventional wisdom, analysts at banking giant JPMorgan Chase say that the new Bitcoin Futures ETF is not the reason behind BTC’s surge to a new all-time high. Company strategists tell Bloomberg that concerns over inflation are driving up the top crypto’s price, rather than excitement over the launch of the first-ever BTC Futures ETF. […]The post Bitcoin ETF Is Not Fueling Top Cryptocurrency’s Rise to Record Highs, Says JPMorgan appeared first on The Daily Hodl.


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