According to JPMorgan's analysis, since the outbreak of the Iran war in late February, there has been a clear divergence in fund flows between Bitcoin and gold ETFs. The largest gold ETF, SPDR Gold Shares (GLD), saw outflows of about 2.7% of its asset size during this period, while the iShares Bitcoin Trust (IBIT) recorded inflows of approximately 1.5% of its assets. Analysts also pointed out that institutional investors have recently increased their short and hedging positions on Bitcoin. However, as institutional holdings grow and market liquidity improves, Bitcoin's volatility shows signs of convergence. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58045