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JPMorgan Says Institutional Investors Prefer Bitcoin To Gold

A financial by JPMorgan revealed that institutional investors now prefer Bitcoin to Gold. 

According to the report, investment flow into Grayscale Bitcoin Trust saw more increases than all Gold ETFs in October. JPMorgan also noted that accredited investors had chosen Grayscale’s GBTC over gold ETFs since 2019. 

According to the report:

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