Big Investors Prefer Gold To Bitcoin

⚜️⚜️ Bitcoin might be the gold of the future, but for now institutional investors prefer the genuine article
Between March and early May, money managers added heavily to their exposure to gold futures, building a net long position of around $20 billion. Meanwhile, the amount of gold held in exchange-traded funds, a proxy for retail gold interest, rose only slightly
Bitcoin Bulls Take Note: Investor interest in Bitcoin has gone the opposite direction. Bitcoin futures data analyzed by J.P. Morgan seems to show money managers didn’t buy into the tokens even as retail investors drove prices higher
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