Big investors are dumping bitcoin futures and pivoting to ethereum as expectations for the world’s largest cryptocurrency soften, JPMorgan says | Currency News | Financial and Business News

Big investors are dumping bitcoin futures and pivoting to ethereum as expectations for the world’s largest cryptocurrency soften, JPMorgan says | Currency News | Financial and Business News


Ethereum and bitcoin.



  • Institutional investors are shying away from bitcoin futures as views on the top cryptocurrency soften, JPMorgan said.
  • In September, bitcoin futures have traded below the price of an actual bitcoin, analysts said.
  • Big investors have begun steadily pivoting to ethereum since August amid a “strong divergence in demand.”
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