HomeUncategorized72% of institutional traders are crypto-skeptical this year: JPMorgan By Cointelegraph

72% of institutional traders are crypto-skeptical this year: JPMorgan By Cointelegraph

February 2, 2023

[ad_1]


A whopping 72% of institutional e-traders have signaled “no plans to trade crypto/digital coins” in 2023, according to a new survey conducted by JPMorgan (NYSE:).

The seventh edition of JPMorgan’s e-Trading Edit surveyed 835 traders from 60 different “global locations” about the technical developments and macroeconomic factors that will influence trading performance in 2023. The survey was conducted between Jan. 3 to Jan. 23, 2023.

72% of institutional traders don’t plan on touching the digital asset market in 2023. Source: JPMorgan.
Only 12% of institutional traders believe blockchain technology will be the most influential for trading performance. Source: JPMorgan.