Overestimates

Bullish Crypto Market Overestimates Spot Bitcoin ETF Approval Benefits: JPMorgan

The bank says it is skeptical of both arguments. Instead of new capital entering the crypto sector, it is more likely that existing capital will move from current bitcoin products such as the Grayscale Bitcoin Trust (GBTC), bitcoin futures ETFs and listed mining companies, into the newly approved spot ETFS. Original

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