JPMorgan says that when adjusting for volatility, Bitcoin's allocation in investor portfolios has already outpaced that of gold:
- Bitcoin has a 3.7 times greater allocation compared to bullion
- pointed to a net inflow of US$9 billion into Bitcoin ETFs since their inception
- suggests a potential Bitcoin ETF market size could reach $62 billion if gold is used as a benchmark
BTC/USD update, it stabilised a little over the weekend:
![btcusd gold jp morgan 18 March 2024 2](https://images.forexlive.com/images/btcusd%20gold%20jp%20morgan%2018%20March%202024_id_fb2054ce-955b-41df-9f0a-40158c154077_size900.jpg)