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Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
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Bitcoin is 3.7 times more volatile than gold.
If the crypto were to match gold in risk capital terms it implies a price of $45,000.
The net inflow into spot bitcoin ETFs is about $9 billion.
