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JPMorgan Says Demand for Bitcoin and Gold as Inflation Hedges Is Weakening

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2026-06-11 18:13:21
JPMorgan said demand for Bitcoin and gold as inflation hedges is weakening, citing signs of reduced investor positioning across related products. According to NS3.AI, the bank pointed to gold ETF outflows and four consecutive weeks of outflows from Bitcoin spot ETFs.

JPMorgan also cited lower institutional futures positions as additional evidence that interest in using Bitcoin and gold for inflation protection has softened.
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