JPMorgan Report: Majority of Global Family Offices Avoid Cryptocurrency Investments

A recent report by JPMorgan indicates that 89% of global family offices are not investing in cryptocurrencies, despite ongoing geopolitical uncertainties. According to NS3.AI, the report also reveals that 72% of these offices are steering clear of gold, traditionally seen as a hedge asset. The volatility and unstable correlations associated with cryptocurrencies are cited as barriers to adoption. However, 17% of family offices are contemplating digital assets as a strategic theme for the medium to long term, with investments in artificial intelligence gaining more popularity.