Ethereum

2024

Bitcoin

Spot

Despite the launch of the first spot Bitcoin (BTC) ETFs in the US market, a new survey by JPMorgan reveals that most institutional investors have no immediate plans to devote resources to crypto trading.
The bank's annual e-commerce survey, which included interviews with more than 4,000 institutional investors, found that 78% of investors surveyed do not plan to trade crypto or digital currencies. Only 12% of investors plan to trade in the next five years.
This marks a surprising shift for the asset class, as survey results from previous years pointed to higher adoption expectations. In 2023, 72% of participants stated that they had no plans to trade crypto or digital currency.
While blockchain technology was once seen as a transformative technology, 61% of respondents predict that artificial intelligence and machine learning will be most influential in shaping the future of commerce in the next three years. This represents an 8% increase in importance since last year. Meanwhile, the importance of blockchain and distributed ledger technology has dropped from 12% to 7% in 2024.
Related News: <a href="https://en.bitcoinsistemi.com/how-will-ethereum-spot-etfs-approval-affect-eth-price-predictions-from-jpmorgan-and-2-analysts/" target="_blank" rel="noopener noreferrer nofollow">How Will Ethereum Spot ETFs' Approval Affect ETH Price? Predictions from JPMorgan and 2 Analysts</a>
However, the survey revealed a slight increase in the number of investors actively interested in the crypto market. Nine percent of survey respondents reported that they currently trade crypto or digital currency; This rate increased slightly compared to eight percent in 2023.
When it comes to the events investors predict will have the biggest impact on markets in 2024, 27% believe inflation will have the biggest impact, followed by 20% who believe the US election will have the biggest impact. Recession risk decreased from 30% in 2023 to 18%.
Investors also predict that 2024 will be a volatile year for markets. 28% of respondents predict that volatile markets will be their biggest challenge in day trading, followed by liquidity availability and workflow efficiency. The importance of liquidity availability increased from 22% to 24% in 2024.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/institutional-investors-in-the-us-asked-about-cryptocurrencies-how-many-will-invest-in-crypto/" rel="noopener noreferrer nofollow">Institutional Investors in the US Asked about Cryptocurrencies: How Many Will Invest in Crypto?</a>

Institutional Investors in the US Asked about Cryptocurrencies: How Many Will Invest in Crypto?

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