JPMorgan: Bitcoin ETFs recover slower than gold, short positions remain high

💥 Bitcoin ETF recovery lags behind gold, with short positions for $BTC near yearly highs.
📉 Gold ETFs reversed all early 2026 outflows, while Bitcoin recovered just half.
🔒 Investors adopt more aggressive downside protection in Bitcoin than in gold.
📆 JPMorgan analysts say regulatory delays and defensive moves shape market outlook.

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