Crypto Hedge: Jamie Diamon JPMorgan Buying Bitcoin In Europe

Jamie Dimon Hates It So Much, Why Is JPMorgan Buying Bitcoin In Europe

Unless you have been living under a rock for the past week, you will be well aware of JPMorgan CEO Jamie Dimon's panicked outburst with regard the 'fraud' that Bitcoin's 'tulip-like' bubble is. To paraphrase:

"It’s a fraud. It’s making stupid people, such as my daughter, feel like they’re geniuses. It’s going to get somebody killed. I’ll fire anyone who touches it."

Image removed.

Anecdotally, the post-Dimon collapse in crypto prices seems to confirm his view (though of course this is much more due to China concerns than a vested interest fearmonger), which makes us wonder... why is JPMorgan buying Bitcoin ETFs on European exchanges?

Nasdaq Stockholm has an actively traded Bitcoin ETN...

'Bitcoin Tracker One - SEK' is an open-end Exchange Traded Note incorporated in Sweden. The ETN is denominated in SEK and provides investors with access to the returns of the underlying asset, US Dollar per bitcoin, less investor fees.  The average USD exchange rate of bitcoin from the exchanges:- Bitfinex, Bitstamp and GDAX provides the underlying reference price which is converted into SEK.

Image removed.

Sponsored By Stansberry Research

PhD Millionaire Warns Americans: “Get Out Of Cash”

Something strange is going on in the financial system. And according to The Wall Street Journal, it’s causing some investors to move massive amounts of money out of the banking system.

In the last few days - as the underlying price collapsed - the ETN has remained bid, with heavy inflows, and now trades at around 20% premium to Net Asset Value...

Image removed.

 

And guess who has been buying?

JPMorgan Securities was the 4th biggest buyer...

Image removed.

h/t @IamNomad

Which suggest two scenarios... Either

i) JPMorgan is buying for its own account at Dimon-manipulated-lower prices (remember Dimon said any trader who bought Bitcoin would be fored for being "stupid"), or

 

ii) JPMorgan is buying for clients, seemingly offering no sense of fiduciary care amid Dimon's warning to the world that the cryptocurrency is a fraud (is JPMorgan Securities knowingly allowing clients to buy securities it believes are a fraud?)

Which is it Jamie?

Image removed.

Comments

Supplier sch 40 Supplier sch 40 Supplier Plat kapal besi baja bki krakatau steel Supplier besi Pipa sch 80 baja jual hp asus murah jual hp asus murah Supplier besi beton Sni Ulir Polos undangan pernikahan ala jepang Pabrik Besi Pipa Baja Schedule 40 Toko Besi Unp Baja Supplier besi wf jual laptop asus jual laptop asus jual laptop asus murah jual laptop asus murah www.jualbesibajamurah.com Toko sch 40 Toko sch 40 Supplier besi sikuToko besi Pipa sch 80 baja Supplier besi wf baja undangan pernikahan islami Pabrik Pipa Besi Hitam Medium Jual Besi Unp Baja Toko besi wf Distributor besi beton Sni Ulir Polos polos ulir Agen sch 40 Agen sch 40 Supplier pipa besi baja sch 40 sch 80 Agen besi Pipa sch 80 baja Supplier besi unp undangan pernikahan ada fotonya Pabrik Besi Wf Harga Besi Unp Baja Agen besi wf Distributor besi beton sii Pabrik sch 40 Pabrik sch 40 Supplier Plat besi Pabrik besi Pipa sch 80 baja Supplier besi siku undangan pernikahan simpleundangan pernikahan ala india Pabrik Besi H beam Pabrik Besi Unp Baja Pabrik besi wfDistributor besi beton psi Ulir Polos Distributor besi Pipa sch 80 baja Distributor besi Pipa sch 80 baja Supplier besi h beam Distributor Plat Bordes Supplier Plat besi plat kapalundangan pernikahan Pabrik Besi Beton Distributor Besi Cnp Baja Distributor Besi BetonDistributor besi beton perwira Harga besi Pipa sch 80 baja Harga besi Pipa sch 80 bajaSupplier besi wf Harga Plat Bordes Supplier besi h beam baja undangan pernikahan simple www.sentrabesibaja.com Supplier Besi Cnp Baja Harga Besi Beton Distributor besi beton PAS Jual besi Pipa sch 80 baja Jual besi Pipa sch 80 baja Supplier wiremesh Jual Plat Bordes Supplier besi cnp undangan pernikahan bermanfaat Distributor Welded Beam T beam King Queen Cross Castellated Beam Agen Besi Cnp Baja Jual Besi BetonDistributor besi beton master steel ms Supplier besi Pipa sch 80 baja Supplier besi Pipa sch 80 baja Supplier besi unp Supplier Plat Bordes www.gudangbesibaja.com undangan pernikahan islami Distributor Bondek Cor Toko Besi Cnp Baja Supplier Besi BetonDistributor besi beton ksty Toko besi Pipa sch 80 baja Toko besi Pipa sch 80 bajaSupplier besi cnp Toko Plat Bordes Pabrik besi Wf Baja undangan pernikahan amplop surat Distributor Atap Spandek Sni Jual Besi Cnp Baja Toko Besi Beton Distributor besi beton krakatau steel Agen besi Pipa sch 80 baja Agen besi Pipa sch 80 baja Supplier besi hollow Agen Plat Bordes Pabrik bondek undangan pernikahan bentuk dompet Distributor Plat Bordes Kembang Harga Besi Cnp Baja Agen Besi Beton Distributor besi beton jcacPabrik besi Pipa sch 80 baja Pabrik besi Pipa sch 80 baja Supplier besi beton Sni Ulir Polos Pabrik Plat Bordes Pabrik wiremesh undangan pernikahan chinese Distributor Plat Besi Hitam Pabrik Besi Cnp Baja Pabrik Besi Beton Distributor besi beton interworld steel is Distributor Plat Bordes Distributor Plat Bordes ironsteelcenter.com Distributor Wiremesh Besi Pabrik pipa besi baja sch 40 sch 80 undangan pernikahan lucu Distributor Plat Kapal Bki Krakatau Steel Distributor Besi Hollow Baja Distributor besi hollowDistributor besi beton gunung garuda Harga Plat Bordes Harga Plat Bordes Pabrik stainless steel Harga Wiremesh Besi Pabrik besi hollow undangan pernikahan bagusDistributor Jual Besi Siku Baja Supplier Besi Hollow Baja Harga besi hollow Distributor besi beton delcoprima Jual Plat Bordes Jual Plat Bordes Pabrik atap spandek Jual Wiremesh Besi Pabrik besi beton Sni Ulir Polos undangan pernikahan bahasa inggris islam Distributor Besi Unp Baja Profil Kanal Agen Besi Hollow Baja Jual besi hollowDistributor besi beton cakra steel cs Supplier Plat Bordes Supplier Plat Bordes Pabrik baja ringan Supplier Wiremesh Besi Pabrik besi wf baja undangan pernikahan contohDistributor Besi Cnp Profil Baja Gording Toko Besi Hollow Baja undangan pernikahanlink6

In reply to by S E O Experts

What a truly wonderful post this is. Genuinely, extraordinary compared to other presents I've ever seen on find in as long as I can remember. Amazing, simply keep it up. Cake Shops Newyork

In reply to by S E O Experts

Truly, this article is really one of the very best in the history of articles. I am a antique ’Article’ collector and I sometimes read some new articles if I find them interesting. And I found this one pretty fascinating and it should go into my collection. Very good work!  코인카지노

In reply to by S E O Experts

The site is affectionately adjusted and spared as much as date. So it ought to be, a debt of gratitude is in order for offering this to us.  easy payday loans

In reply to by S E O Experts

At Sobha Windsor, our project is thoughtfully designed to reflect the simplistic charm of old Bangalore with new age amenities. Sobha Windsor

In reply to by S E O Experts

I'm upbeat I found this blog! Every once in a while, understudies need to subjective the keys of beneficial artistic articles creating. Your top notch information about this great post can turn into an appropriate reason for such individuals. pleasant one 먹튀검증

In reply to by S E O Experts

I'm upbeat I found this blog! Every once in a while, understudies need to subjective the keys of beneficial artistic articles creating. Your top notch information about this great post can turn into an appropriate reason for such individuals. pleasant one 먹튀검증

You may comment on the demand plan of the blog. You should visit it's mind boggling. Your blog audit would swell up your visitors. I was to a great degree fulfilled to find this site.I expected to thank you for this unimaginable read!! company giveaways

The worst part of it was that the software only worked intermittently and the data was not accurate. You obviously canot confront anyone about what you have discovered if the information is not right. SEO consultant

In reply to by S E O Experts

slick cash loan offers quick online personal finance service. Service is provided in the US only. slick cash loan has partnered with a wide range of lenders across America. We connect people needing quick financial help with an appropriate online lender. Connecting to a lender and decision of loan application is provided online after submitting the loan application.slickcashloan

In reply to by S E O Experts

slick cash loan offers quick online personal finance service. Service is provided in the US only. slick cash loan has partnered with a wide range of lenders across America. We connect people needing quick financial help with an appropriate online lender. Connecting to a lender and decision of loan application is provided online after submitting the loan application.slickcashloan

In reply to by S E O Experts

I truly appreciate basically perusing the majority of your weblogs. Just needed to advise you that you have individuals like me who value your work. Certainly an awesome post. Caps off to you! The data that you have given is exceptionally useful. slot joker

In reply to by S E O Experts

This is exceptionally noteworthy, but then essential towards simply click this special backlink:  Michigan

In reply to by S E O Experts

Captivating post. I Have Been contemplating about this issue, so an obligation of appreciation is all together to post. Completely cool post.It 's greatly extraordinarily OK and Useful post.Thanks 먹튀

In reply to by S E O Experts

We measure, supply and install window plantation shutters for any shaped window. Based in Manchester, we cover the whole of the north west of the UK. Window Shutters

In reply to by S E O Experts

I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much. 사설토토사이트

In reply to by yamadataro

Most of our cleaning and protection products are water-based solutions, which means the toxicity is minimised, as is the impact to surround areas. The odour is minimised as well. If you so choose, we can go with the lowest impact materials available for more traditional cleaning jobs. Tile Cleaning Melbourne

In reply to by S E O Experts

Magnificent dispatch! I am surely getting able to over this data, is genuinely neighborly my pal. Similarly phenomenal blog here among a large number of the expensive information you gain. Save up the valuable procedure you are doing here.  awesome places to visit

Awesome data! I as of late ran over your blog and have been perusing along. I figured I would leave my first remark. I don't recognize what to state aside from that I have.  안전놀이터

Two full thumbs up for this magneficent article of yours. I've really refreshing examining this article today and I figure this might be a champion among other article that I've scrutinized yet. If its all the same to you keep this work proceeding in a comparative quality.  ทางเข้า bk8

Great to end up going to your weblog once more, it has been a very long time for me. Pleasantly this article i've been sat tight for so long. I will require this post to add up to my task in the school, and it has identical subject together with your review. Much appreciated, great offer. 먹튀검증

Phenomenal blog. I delighted in researching your articles. This is to an extraordinary degree an amazing examined for me. I have bookmarked it and I am suspecting inspecting new articles. Continue doing shocking!  ole777

Awesome post I should state and a debt of gratitude is in order for the data. Instruction is certainly a sticky subject. Be that as it may, is still among the main subjects of our opportunity. I value your post and anticipate more. Custom Patches

I no uncertainty esteeming each and every bit of it. It is an amazing site and superior to anything normal give. I need to grateful. Marvelous work! Every one of you complete an unfathomable blog, and have some extraordinary substance. Keep doing stunning.  토토사이트

Sound Pharmacy an online store that lets you find and download healing sound/s to heal your disease/disorder, and to improve your general health. there are more than 1,200 specific healing sounds, in 40 health categories, including mental, sexual and emotional, and many diseases that are not covered in the conventional healing. you can use sound healing as a stand alone or alongside with conventional therapy. each sound cost $13.50 only. sound healing is very convenient to buy and use (2 times a day for 5 minutes). So many people, nowadays finds it so effective, and with no side effects. you can use your healing sound/s in you smartphone, tablet, PC... anytime anywhere, even while jogging or watching TV. Sound Healing is the number one alternative method today. and Sound Pharmacy is the leader in this field. sound frequency healing

In reply to by Galang

amazing, awesome, I was wondering how to cure skin break out normally. what's more, discovered your site by google, took in a great deal, now i'm somewhat clear. I've bookmark your site and furthermore include rss. keep us refreshed.  Ice Cream Bakery Louisiana

We measure, supply and install window plantation shutters for any shaped window. Based in Manchester, we cover the whole of the north west of the UK. Cheshire