According to Cointelegraph, JPMorgan noted in a research report on January 3rd that due to geopolitical uncertainty, investor demand for gold and Bitcoin will continue to grow.
JPMorgan stated that gold and BTC have become more important components in investors' portfolios for hedging geopolitical risks and inflation. In 2024, capital inflows into the crypto market reached record levels.
Investment managers like Paul Tudor Jones are investing in Bitcoin and other commodities due to concerns about U.S. inflation. State governments in the U.S. are also using Bitcoin as a hedge against fiscal uncertainty.
In 2024, the net open interest in BTC futures increased from approximately $18 billion in January to over $55 billion in December. In September, Bitcoin ETFs saw renewed inflows, and in November, the net assets of U.S. Bitcoin ETFs surpassed $100 billion for the first time.
