JPMorgan is bearish on Bitcoin spot ETFs! Is the appeal lacking?

Europe and Canada already have spot ETFs, but investors are not buying in.

Since 2021, Bitcoin funds have not attracted capital and have not captured gold ETF funds.

Spot ETFs are stronger than futures: safe, direct, transparent, and can partially replace futures ETFs.

However, JPMorgan remains conservative: the advantages are limited! Balchunas is extremely optimistic!

What do you think? #比特币 #ETF