JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds (ETFs). However, much of this inflow represents a shift from crypto wallets […]
from Bitcoin News https://ift.tt/GIW3iZ6
JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
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