A recent JPMorgan survey covered by Business Insider shows that 7 percent of institutional investors believe that crypto could end up becoming one of the “most important” assets.
The list of respondents includes the representatives of close to 1,500 institutions from all over the globe.
Alex DovbnyaThe lion’s share of all investors (58 percent) believe that crypto is here to stay. 21 percent of all respondents, however, believe that it’s just a flash in the pan.
Last week, JPMorgan strategists recommended putting one percent of one’s portfolio into Bitcoin.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Yuri Molchan
Godfrey Benjamin
Dan Burgin
Vladislav Sopov