Analis JPMorgan menilai Bitcoin berpotensi mendapatkan dukungan lebih kuat dibanding emas jika investor institusi mulai mengurangi aksi hedging pada ETF Bitcoin. Proyeksi ini disampaikan dalam laporan riset yang dipimpin Nikolaos Panigirtzoglou.
Arus dana ke ETF Bitcoin dan emas kembali meningkat sejak akhir Juli. Namun, pemulihan ETF emas berlangsung lebih cepat: seluruh arus keluar pada awal 2026 telah pulih, sementara ETF Bitcoin baru memulihkan sekitar separuhnya.
JPMorgan juga mencatat posisi short pada BlackRock IBIT masih mendekati level tertinggi tahun ini, sedangkan short interest pada ETF emas GLD berada di bawah rata-rata historis. Jika tekanan hedging terhadap Bitcoin mereda, kondisi tersebut dinilai dapat membuka ruang bagi Bitcoin untuk mengungguli emas.
✍️ By Bitcoin Kreator Zone
📅 Jumat, 18 September 2026
🕒 12.15 WIB
#Bitcoin #BitcoinKreatorZone #Primal #Nostr #JPMorgan #Gold #IBIT #BitcoinETF
🟠 JPMorgan Projects Bitcoin Could Outperform Gold
JPMorgan analysts say Bitcoin could receive stronger support than gold if institutional investors begin reducing their hedging around Bitcoin ETFs. The projection was outlined in a research report led by Nikolaos Panigirtzoglou.
Inflows into both Bitcoin and gold ETFs have returned since late July. However, gold ETF flows have recovered more quickly: gold ETFs have regained all of their earlier 2026 outflows, while Bitcoin ETFs have recovered roughly half.
JPMorgan also noted that short interest in BlackRock’s IBIT remains near its highest level of the year, while short interest in the GLD gold ETF is below its historical average. If Bitcoin-related hedging eases, the analysts believe this could create more room for Bitcoin to outperform gold.
✍️ By Bitcoin Kreator Zone
📅 Friday, September 18, 2026
🕒 12:15 WIB
#Bitcoin #BitcoinKreatorZone #Primal #Nostr #JPMorgan #Gold #IBIT #BitcoinETF
