The survey conducted by US banking giant JPMorgan revealed the hesitant attitude of institutional investors towards the cryptocurrency market.
JPMorgan conducted a survey of more than 4,000 investors on cryptocurrencies. The results of the survey revealed that institutional investors are hesitant towards the cryptocurrency market in the near term.
Participants in the survey 78% While they stated that they do not plan to invest in cryptocurrencies in the next five years, they only 12% He noted that they have plans in this direction. Participants 9% say they currently trade cryptocurrency In saying this, this ratio as 8% in 2023 was recorded.
Participants 61% artificial intelligence and flagged that he expects machine learning to shape the future of commerce over the next three years. On the other hand only 7% He stated that he sees blockchain as an effective technology, which was disappointing. Supportive view towards blockchain since 2022 It decreased by 25%.
Despite the approval of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), this hesitant attitude of institutional investors did not go unnoticed.