Bitcoin ETF Is Not Fueling Top Cryptocurrency’s Rise to Record Highs, Says JPMorgan

Despite conventional wisdom, analysts at banking giant JPMorgan Chase say that the new Bitcoin Futures ETF is not the reason behind BTC’s surge to a new all-time high. Company strategists tell Bloomberg that concerns over inflation are driving up the top crypto’s price, rather than excitement over the launch of the first-ever BTC Futures ETF. […]The post Bitcoin ETF Is Not Fueling Top Cryptocurrency’s Rise to Record Highs, Says JPMorgan appeared first on The Daily Hodl.