JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’

JPMorgan Survey: 72% of Institutional Traders Surveyed 'Have No Plans to Trade Crypto'A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023. JPMorgan’s Institutional Trader Survey Global investment bank JPMorgan Chase published the results of […]

Go to Source

Powered by WPeMatico

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

JPMorgan: Crypto Effectively Nonexistent for Most Large Institutional InvestorsA strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio […]

Go to Source

Powered by WPeMatico

Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive

Coinbase: Institutional Investors Increased Allocations During Crypto Winter — Price Outlook Long-Term Remains PositiveA recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook over the long term remains positive.” Coinbase’s Institutional Investor Survey The Nasdaq-listed […]

Go to Source

Powered by WPeMatico

$20 Billion in Crypto Under Custody: Coinbase Sees ‘Explosion of Capital’ From Institutional Investors

$20 Billion in Crypto Under Custody: Coinbase Sees 'Explosion of Capital' From Institutional InvestorsCoinbase has revealed that it has had “an explosion of incoming capital.” Its assets under custody currently stand at $20 billion, $14 billion of which were accumulated since April. Coinbase highlights a string of bullish events that have “really unleashed” a wave of institutional adoption. Coinbase Has $20 Billion in Custody Coinbase’s Head of Institutional […]

The post $20 Billion in Crypto Under Custody: Coinbase Sees ‘Explosion of Capital’ From Institutional Investors appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico