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International Business Times

Business

Marvie Basilan

Most Institutional Traders Have 'No Plans' To Trade Crypto: JPMorgan Survey

JPMorgan Crypto Bitcoin Jamie Dimon BlackRock JPMorgan Chase

JPMorgan Chase's CEO has been criticized due to his negative views of Bitcoin and other cryptocurrency. (Credit: AFP)

KEY POINTS

78% of respondents said they had "no plans" to trade digital assets
Only 9% revealed they were currently trading cryptocurrencies
Only 7% believe blockchain will be influential in shaping trading in the next 3 years

Cryptocurrency trading has steadily gained popularity in recent years, but many institutional traders are still uninterested in trading cryptocurrency, a new survey by investment banking giant JPMorgan Chase revealed.

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