JPMorgan has stated that Bitcoin may surpass gold in performance if current ETF hedging subsides. Analysts at the American financial giant, led by Nikolaos Panigirtzoglou, highlighted the potential for Bitcoin to gain an advantage over the precious metal as market dynamics evolve. Reflecting growing interest in the sector, Bloomberg ETF analyst Eric Balchunas projected that Bitcoin exchange-traded funds could triple gold in assets under management in the near future.