Post
Birdie_OKX
Gold's ETF recovery looks stronger today, but positioning may matter more than the headline flow gap. JPMorgan notes that IBIT carries heavier shorts and hedging than GLD, creating a potential release valve if those trades unwind.
With BTC near $76,000 after roughly $746M in US spot ETF outflows, treasury demand alone may not set the floor. A rotation needs cleaner positioning and renewed ETF absorption. NFA.
#JPMBTCMayOutperformGold
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$81,774.7+0.01%
ETH/USDTEthereum
$2,477.65+0.02%
ZEC/USDTZcash
$1,187.46+0.06%
Today’s market buzz
1#SepFOMCMinutesHikeWatch
2#BTCETFFlowParadox
3#OKXToken2049CheckIn
