Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»JP Morgan found that less than 8% of institutional traders believe in blockchain.
TRADING NEWS

JP Morgan found that less than 8% of institutional traders believe in blockchain.

By Crypto FlexsFebruary 12, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
JP Morgan found that less than 8% of institutional traders believe in blockchain.
Share
Facebook Twitter LinkedIn Pinterest Email

According to a recent survey by JPMorgan, blockchain appears to be losing momentum as more and more institutional traders lose faith in the technology.

A recent survey conducted by JPMorgan of over 4,000 institutional traders shows a surprising shift in trust, as only 7% of respondents maintain trust in blockchain technology as a future asset class over the next three years. there is.

This figure represents a significant decrease of 72% compared to 2022, when 25% of respondents considered blockchain a promising technology. Despite this decline, blockchain technology still ranks third in terms of outlook, behind API integrations (13%) and artificial intelligence/machine learning (61%).

JPMorgan Survey on Blockchain and Cryptocurrencies | Source: JPMorgan

When it comes to cryptocurrencies, the survey found that 78% of respondents had no plans to trade digital assets, while 9% said they were already engaging in cryptocurrency trading. Additionally, 12% of respondents are considering entering the cryptocurrency market within the next five years.

According to a report from Galaxy Digital, there appears to be no bottom in sight for the third quarter of 2023. Both the number of completed transactions and total invested capital hit the lowest figures for the blockchain and cryptocurrency sector since the fourth quarter of 2020. Analysts at Galaxy Digital said the venture capital funding environment remains very challenging but “could improve.”

As of the third quarter of 2023, the market recorded its first upward trend since the decline began in the third quarter of 2022, with venture capitalists raising $1 billion. New fund launches also increased from 12 to 15 in the second quarter. However, median and average fund sizes have declined significantly compared to their peaks during the last bull run, according to the company’s research blog.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

Why I am still optimistic despite noise

June 26, 2025

Like the initial Cardano, a way to reach $ 300 for Loy tokens more than $ 450K

June 25, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Canary Capital Register Delaware’s Sui ETF

March 7, 2025

According to analysts, Bitcoin is firmly in the pre-halving rally phase, but there is a problem.

March 8, 2024

GitHub offers free certification to verified students

November 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.