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.
