22% of institutional investors plan to buy cryptocurrency

A study by the financial holding JPMorgan Chase showed that every fifth investor who does not work with cryptocurrency plans to invest part of their funds in it..

According to a survey of 3,400 investors from 1,500 large organizations, 11% of respondents have already bought or traded digital assets. Twice as many (22%) of respondents believe that their companies will enter this market in the future.

22% of institutional investors plan to buy cryptocurrency

At the same time, only 7% of investors are confident in the long-term success of cryptocurrency as one of the key assets of the future, 21% consider it a temporary hobby of the market, and 14% said that digital assets should be avoided in order to avoid losing funds..

22% of institutional investors plan to buy cryptocurrency

The poll showed that the main repelling factor for big players is the security concerns in the crypto industry. 98% of respondents believe that fraud is very common in this area and is found almost everywhere.

At the same time, analysts at JPMorgan Chase note that institutional investors have recently given up precious materials in favor of bitcoin. In the long term, this trend has a direct impact on the gold market, reducing its price..

text: Ivan Malichenko, photo: Getty Images

22% of institutional investors plan to buy cryptocurrency

Similar articles