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JPMorgan: Money May Accelerate From GBTC To Cheaper Spot Bitcoin ETFs

JPMorgan: Money May Accelerate From GBTC To Cheaper Spot Bitcoin ETFs

2024/01/26 21:18

If other spot bitcoin ETFs reach a critical mass and begin to compete with GBTC in terms of size and liquidity, the current $3 billion per month in outflows could accelerate the shift from GBTC to cheaper spot bitcoin ETFs, JPMorgan said.

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