78% Of Institutional Traders Not Considering Cryptocurrency Trading Over Next 5 Years: JPMorgan Survey
Published by
Benzinga
Benzinga
In a recent survey conducted by JPMorgan, a significant majority of institutional traders have indicated their disinterest in trading cryptocurrencies over the next five years. What Happened: The survey, which was part of the bank’s 2024 e-Trading annual survey, revealed that 78% of institutional traders are not planning to engage in cryptocurrency trading in the foreseeable future, reported CoinDesk on Friday. Despite the lack of enthusiasm for cryptocurrencies, a small group of traders view blockchain/distributed ledger technology (DLT) as the most influential technology in shaping the futur…