Tag: jpm

JPMorgan regulatory filings reveal ‘basket’ product tied to crypto-linked public companies

A cluster of regulatory filings with the Securities and Exchange Commission indicate that Wall Street investment bank JPMorgan is giving its investor clients a way to gain exposure to crypto in the form of public-company stocks involved with digital assets. The structured product documentation details so-called “Insight Notes Linked to the J.P. Morgan Basket of […]

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JPMorgan: New ETF products — and investors cashing out — are behind the collapse of the GBTC premium

The premium at which the Grayscale Bitcoin Trust (GBTC) trades has turned negative — and two factors are likely behind the shift, according to an analysis by JPMorgan.  Grayscale’s GBTC has historically traded at a high premium relative to the underlying bitcoin it tracks. Since mid-December, that premium has steadily declined from 35.79% the week […]

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JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought

JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought

JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan Chase & Co. gave their bitcoin prediction in a note on Friday. They explained that flows into […]

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