JPMorgan

JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years

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Last updated: March 8, 2024 20:46 EST | 1 min read Source: PixabayJ.P. Morgan believes Bitcoin spot ETFs likely won’t see much AUM growth in the long term based on valuations of the asset next to gold. Analysts led by Nikolaos Panigirtzoglou wrote that Bitcoin ETFs, when assessed as a substitute for gold and adjusted […]

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JPMorgan Upgrades COIN To Neutral Due To Crypto Market Rally

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JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market rally to kick off the year. In a research report shared with CryptoPotato, the bank’s analysts argued that Bitcoin has experienced “meaningful price appreciation” after the launch of Bitcoin spot ETFs last month. JPMorgan’s Revised Coinbase

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