Gold Bug’s Validation for Bitcoin? JPMorgan Says Institutional Investors Are Replacing Gold With Bitcoin.

Oct 8, 2021

In a research note to clients, JPMorgan writes that “bitcoin’s allure as an inflation hedge” is drawing institutional investors back to the crypto market.

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In a research note to clients, JPMorgan writes that “bitcoin’s allure as an inflation hedge” is drawing institutional investors back to the crypto market. “The Hash” hosts wonder whether SEC Chair Gary Gensler saying the regulatory agency will not ban bitcoin has eased the concerns for institutional investors. “Peter Schiff is not going to be very happy about this at all,” Naomi Brockwell says.

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