ETF approval may boost Bitcoin’s liquidity, but it won't be a game changer — JPMorgan

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• TF approval may boost Bitcoin’s liquidity, but it won't be a game changer

• JPMorgan

• A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets

• Bitcoin ETFs have overall “attracted little investor interest” in other jurisdictions in the past two years

• “Let’s be clear: Bitcoin is an international asset,

• It’s not based on any one currency, and so it can represent an asset that people can play as an alternativ

• As reported by the Labor Department, the annual inflation rate for the U.S. was 4.0%

• TF approval may boost Bitcoin’s liquidity, but it won't be a game changer

• a Bitcoin fund receiving the green light in America

• an approval could bring more liquidity to Bitcoin markets but could also lead to a migration of trading activity from BTC futures products.

• JPMorgan managing director Nikolaos Panigirtzoglou.

• JPMorgan managing director Nikolaos Panigirtzoglou.

• although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou.

• JPMorgan managing director Nikolaos Panigirtzoglou.

• “failing to benefit from investor outflows from gold ETFs.”

• According to the report seen by Bloomberg

• JPMorgan managing director Nikolaos Panigirtzoglou.

• attracted little investor interest” in other jurisdictions in the past two years, further “failing to benefit from investor outflows from gold ETFs.”