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JPMorgan says bitcoin and gold ETF outflows point to 'cooling' debasement trade amid hopes for Iran-US deal
Both bitcoin and gold ETFs have seen outflows over the past two weeks as the debasement trade cools, according to JPMorgan analysts.
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cryptobriefing.com
Bitcoin ETFs and gold see outflows as investors retreat from the debasement trade
Bitcoin ETFs lost $2.26B in two weeks while gold ETFs saw record $12B outflows in March as investors abandon the debasement trade for higher-yielding assets.
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JPMorgan strategist notes retreat from debasement trade as bitcoin, gold ETFs see outflows
JPMorgan's Panigirtzoglou flags retreat from the debasement trade as bitcoin and gold ETFs see significant outflows amid easing US-Iran geopolitical tensions.
