According to JP Morgan’s latest e-trading survey, most institutional traders are still giving crypto the side-eye. π
Out of 100 traders surveyed, a whopping 71% said they have no plans to trade cryptocurrencies in 2025. That’s just a teensy bit less than last year’s 78%. π
But hey, there’s always a silver lining! π 30% of institutional traders are open to engaging with crypto, showing a slow but steady rise in interest. π
When asked about their institutional work with crypto/digital coins, most respondents said they were staying away for now. π ββοΈ
This cautious stance comes as the crypto market remains volatile and regulatory policies continue to shift. Some firms are experimenting with Bitcoin ETFs and blockchain investments, but concerns over regulation, security, and market stability are keeping most institutions on the sidelines. ποΈππ
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2025-02-06 12:37