Friday, August 12, 2022

Big investors pivoting from Bitcoin to Ether futures: JPMorgan By Cointelegraph

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Big investors pivoting from Bitcoin to Ether futures: JPMorgan

American multinational investment bank JPMorgan (NYSE:) has revealed that institutional investors are starting to shy away from futures in favor of Ether derivatives.

In a note to investors on Sept. 22, analysts at the Wall Street bank said that Bitcoin futures on the Chicago Mercantile Exchange (CME) have traded at a discount compared to spot BTC prices during September.