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The Financial Post reported that some analysts are wondering if the circumstances are ideal right now for JP Morgan to launch their physically- backed Copper ETF, which took two years to gain approval.
The Financial Post reported that some analysts are wondering if the circumstances are ideal right now for JP Morgan to launch their physically- backed Copper ETF, which took two years to gain approval.
As quoted in the market report:
The JPM XF Physical Copper Trust — which is expected to be launched on the NYSE ARCA platform within two to three months — is no longer expected to quickly lure billions of latent dollars of retail and institutional capital in the same way that the SPDR Gold Trust did over the past 8 years, analysts say.
