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Bitcoin Triumphs Gold In Investor Portfolio Allocation: JPMorgan

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

coingape.com