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JPMorgan sees Bitcoin's ETF short interest as a trigger for bigger gains than gold ETFs.

Market News
17 Sep 2026
Crypto Briefing
View Source
Bullish
JPMorgan sees Bitcoin's ETF short interest as a trigger for bigger gains than gold ETFs.

JPMorgan's recent report highlights that Bitcoin ETFs have more upside potential than gold ETFs due to elevated short interest, especially in BlackRock's iShares Bitcoin Trust (IBIT). While gold ETFs have fully recovered their 2026 outflows, Bitcoin ETFs have only regained about half, indicating room for growth. The high short interest in Bitcoin ETFs suggests a potential short squeeze, which could drive prices up if traders unwind their positions. This analysis focuses on market mechanics rather than Bitcoin's fundamental value or price targets.

Bitcoin's market context includes a breadth of 46 out of 50 major cryptocurrencies rising today. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 18, 2026 01:22 WIB: notable movers include DOT (Polkadot) up 9.36% at Rp18.972 with a 75% buy order activity and a typical hold time of 120 days, EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days, and CRV (Curve DAO Token) up 7.96% at Rp5.926 with 72% buy order activity and a typical hold time of 61 days.

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