**Investors Flock to Gold and Bitcoin Amid Rising Geopolitical Tensions**

Investors are increasingly turning to gold and Bitcoin as a hedge against potential economic turmoil, according to a recent JPMorgan report. The so-called "debasement trade" is gaining traction due to heightened geopolitical uncertainties and the upcoming U.S. election.

Key Points:

- Rising geopolitical tensions and the U.S. election are driving demand for gold and Bitcoin.

- The "debasement trade" is fueled by long-term inflation concerns and high government deficits.

- Institutional interest in BTC futures on the CME has surged, with contracts rising from 10,000 to 40,000 since the start of 2024.

- Retail investors are also showing renewed interest in Bitcoin ETFs, which saw significant inflows in September.

- The SEC approved spot BTC and Ether ETFs earlier this year, further boosting market confidence.

- A potential Trump victory in the November elections could amplify this trend, given his pro-crypto stance and promises to overhaul SEC leadership.

Stay tuned for more updates on how these trends will shape the financial landscape.