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JPMorgan Says Bitcoin (BTC) Can Outpace Gold With IBIT Shorts Near 2026 Highs

COINOTAG·September 18, 2026·1 min read
JPMorgan Says Bitcoin (BTC) Can Outpace Gold With IBIT Shorts Near 2026 Highs

JPMorgan says Bitcoin could outpace gold if ETF hedging unwinds, with IBIT shorts near 2026 highs and Bitcoin ETFs having recovered only half of 2026 losses. The bank's analysis suggests that a reduction in short positions could drive Bitcoin prices higher, potentially surpassing gold's performance as institutional interest in crypto ETFs remains strong.

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