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Bitcoin to Outperform Gold if ETF Hedging Eases, JPMorgan Says

U.Today·September 17, 2026·1 min read
Bitcoin to Outperform Gold if ETF Hedging Eases, JPMorgan Says

JPMorgan says Bitcoin could gain more support relative to gold if investors unwind elevated hedges around crypto ETFs. Positioning in BlackRock's IBIT remains far more defensive than in major gold funds, suggesting potential for Bitcoin to outperform gold as hedging eases. The bank's analysis highlights shifting investor sentiment in the digital asset market.

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