JPMorgan Chase survey: Nearly 30% of surveyed institutions plan to or have already traded cryptocurrencies

Odaily Planet Daily News: A recent survey of institutional traders by JPMorgan Chase showed that more than 70% of respondents had no intention of trading cryptocurrencies this year, a slight decrease from 78% in 2024. However, the number of traders interested in cryptocurrencies has increased, with 16% of respondents planning to trade digital assets and 13% already active in the field. All respondents in the survey expressed their intention to increase online or electronic trading activities, especially in less liquid assets. This shift in focus comes against the backdrop of a more favorable regulatory environment for digital currencies following major changes in U.S. financial institutions. While institutional interest in cryptocurrencies remains modest, inflation and tariffs are expected to be the main concerns of the market in 2025, followed by increased geopolitical tensions. Market volatility is considered the biggest challenge facing traders, and concerns have increased significantly compared to the previous year. In addition to trading trends, there are signs that the U.S. government is softening its stance on cryptocurrencies. (Cryptodnes)