TechFlow news: JPMorgan released a report stating that the U.S. Securities and Exchange Commission's (SEC) approval of bitcoin exchange-traded funds (ETFs) will not bring significant changes to the crypto market. Nikolaos Panigirtzoglou, chief analyst at JPMorgan, said similar ETF products have existed in Canada and Europe for some time but have failed to attract substantial investor interest.
The report noted that since the second quarter of 2021, bitcoin funds have not attracted much investor interest and have also failed to draw capital outflows from gold exchange-traded funds.




