Institutional investors are turning towards gold instead of bitcoin JPMorgan report.
15 May 2023, 12:43
💰 Institutional investors are turning towards gold instead of bitcoin 💰 JPMorgan report
The Coindesk article highlights a recent report by JPMorgan, which reveals that institutional investors are turning towards gold instead of bitcoin due to the regulatory crackdown in the US. While bitcoin's price has fallen by 25% in the last month, gold has seen a 3% increase. Moreover, the lack of regulatory clarity on key issues is making it harder for institutional investors to get in on the action, so they're turning to good old gold.
Being a representation of physical gold ownership, VNX Gold tokens combine the flexibility of crypto and reliability of gold. And worth to mention that VNX Gold tokens generated by company licensed by the Liechtenstein Financial Market Authority (FMA) under Blockchain Act.
Learn more about VNX Gold 👉