As usual, market analysts provide us with a lot of interesting information and observations. Well, this time our focus is none other than the world's most popular cryptocurrency.
According to JP Morgan, the largest American bank by assets under management, the current price of bitcoin exceeds the cost of mining, so "mining" this cryptocurrency is still a profitable activity at the current price.
By the way, at the same time, it is worth looking at the biggest owners of this cryptocurrency. Two classic asset managers – BlackRock and Fidelity – and two government administrations – the United States of America and China – entered the TOP 11.
When it comes to exchange-traded ETFs investing in bitcoin, all of them combined would now be in second place.
