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coinpedia 2024-01-24 08:18:09

JPMorgan Sounds Alarm on Bitcoin ETFs: Coinbase Faces 38% Downgrade

The post JPMorgan Sounds Alarm on Bitcoin ETFs: Coinbase Faces 38% Downgrade appeared first on Coinpedia Fintech News In a surprising move, JPMorgan Chase & Co. has downgraded Coinbase Global Inc., expressing reservations about the U.S. market’s readiness for the recently approved spot Bitcoin exchange-traded funds (ETFs). Was the USA really not ready for such a massive financial instrument? Let’s dig in deep to understand this hot new take. Markets at a Crossroads …

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