78% of institutional traders are showing no interest in cryptocurrency, according to JP Morgan. JP Morgan: 78% of Institutional Traders Not Interested in Crypto

JP Morgan has reported that the majority of institutional traders, specifically 78%, are not interested in cryptocurrency, which is considered a significant development for the market. The fascinating findings from a recent 2024 survey conducted by JP Morgan involving over 4000 financial market participants have just been made public. While there has been a rise in the number of companies adopting cryptocurrency, many are not interested in disclosing their investments. Furthermore, the proportion of traders who are not interested in trading cryptocurrencies has risen compared to the numbers from 2023. Additionally, check out: JP Morgan CEO’s prediction of a significant financial crisis in the US affecting BRICS countries. Source: website dedicated to electric vehicles. Many investors in digital assets had high expectations for Bitcoin in 2024. Following the 113, there was great excitement and speculation about how the assets would perform in the coming year. With Spot Bitcoin ETFs on the verge of being approved, many believed that the assets would reach new all-time highs in the near future.