Big investors pivoting from Bitcoin to Ether futures: JPMorgan

Cointelegraph

Published Sep 23, 2021 10:55PM ET

Updated Sep 25, 2021 01:00AM ET

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

In a note to investors on Wednesday, 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.

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