Before the game-changing launch of the first ever Bitcoin-linked ETF in the U.S., plenty on Wall Street cautioned the derivatives-powered trade was no free lunch, given the holding costs.
But after just two days of trading, JPMorgan Chase & Co. strategists warn pent-up demand for Bitcoin exchange traded-funds risks distorting the futures market -- ramping up ETF investors’ costs along the way.
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October 21, 2021 at 07:01PM
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JPMorgan Warns Boom for Bitcoin Futures ETFs May Come at a Cost - Bloomberg
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