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

Odaily Planet Daily News: A recent survey conducted by JPMorgan Chase on institutional traders showed that over 70% of respondents have no plans to trade cryptocurrencies this year, a slight decrease from 78% in 2024. However, the number of traders interested in cryptocurrency 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 assets with poor liquidity. This shift in focus occurred against the backdrop of significant changes in US financial institutions that have made the regulatory environment for digital currencies more favorable. Although institutions still have little interest in cryptocurrencies, inflation and tariffs are expected to be the main concerns for the market in 2025, followed by increased geopolitical tensions. Market volatility is considered the biggest challenge faced by traders, and concerns have significantly increased compared to the previous year. In addition to trading trends, there are also indications that the US government is softening its stance on cryptocurrencies. （Cryptodnes）