A new analysis by JPMorgan highlights a significant shift among institutional investors: capital is increasingly flowing from gold to Bitcoin, signaling a growing preference for crypto as a store of value.
According to CryptoNews Australia, JPMorgan analysts observed that Bitcoin has outperformed gold since mid-April and appears to be decoupling from traditional safe-haven assets. The bank attributes this trend to two main factors:
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Increased flows into spot Bitcoin ETFs, particularly in the U.S., which have driven BTC prices upward.
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A loss of momentum in gold investments, with some funds reallocating capital into digital assets for better upside exposure.
The report also points to Bitcoin’s resilience following recent macroeconomic pressures and tightening liquidity. While both gold and Bitcoin are seen as inflation hedges, investors are increasingly drawn to Bitcoin’s growth potential, particularly as volatility stabilizes.
JPMorgan’s conclusion: Bitcoin is emerging as a stronger “alternative asset” in modern portfolios—less tied to traditional cycles and more aligned with long-term tech-driven financial shifts.
