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Bitcoin Triumphs Gold In Investor Portfolio Allocation: JPMorgan

source-logo  coingape.com 16 March 2024 05:18, UTC

JPMorgan analysts have noted that allocation of Bitcoin (BTC) in investor portfolios has surpassed that of gold when adjusted for volatility. Specifically, Bitcoin’s allocation is 3.7 times greater than that of gold. Moreover, they pointed out a net inflow of $9 billion into Bitcoin ETFs since their inception, which offsets outflows from Grayscale.