😱 Institutional Investors Avoiding Crypto JPMorgan Analyst Reveals Why

Описание: Institutional investors are steering clear of cryptocurrencies, according to Jared Gross, the head of institutional portfolio strategy at JPMorgan's Asset Management. Gross cited the high volatility of cryptocurrencies and the lack of an intrinsic return as the main reasons why large institutional investors are avoiding the asset class. Despite this, some banks and financial institutions are still offering crypto products and services to their institutional clients, with Nasdaq recently establishing a crypto unit called Nasdaq Digital Assets due to increasing demand. A survey by Coinbase in November revealed that institutional investors have been increasing their allocations during the ongoing bear market, while a study by Fidelity in October found that 74% of institutional investors were planning on investing in digital assets.

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Sources:
cryptodaily.co.uk/2022/12/jpmorgan-institutional-investors-steering-clear-of-crypto

File:JPMorgan Chase Bank Corporation.jpg by Яндекс фото, CC BY-SA 4.0 creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons

Disclaimer: The opinion expressed here is not investment or LEGAL advice – it is provided for informational purposes only.