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Crypto for big institutions is ‘effectively nonexistent’

Summary by Ground News
JPMorgan's head of institutional portfolio strategy Jared Gross says crypto is too difficult to fit into institutional portfolios. Gross also says that despite Bitcoin bulls aiming for BTC to become a form of digital gold, it is self-evident that it hasn't happened. Bloomberg's chief commodity strategist Mike McGlone says in the near future, it will be risky for institutions to not have at least some allocation to the crypto markets.

6 Articles

Taipei TimesTaipei Times
Lean Left

Crypto for big institutions is ‘effectively nonexistent’

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·Taipei, Taiwan
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prominentcrypto.comprominentcrypto.com

JPMorgan Strategist Says Crypto Is 'Non-Existent' In Institutional Investors' Portfolios: Report - Prominent Crypto

A strategist at banking giant JPMorgan reportedly says that crypto assets remain virtually non-existent to most of the institutional investing world.

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The Daily HodlThe Daily Hodl

JPMorgan Strategist Says Crypto Is ‘Non-Existent’ in Portfolios of Institutional Investors: Report - The Daily Hodl

A strategist from banking giant JPMorgan reportedly says that crypto assets are still virtually non-existent to the majority of the institutional investment world.

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crypto.newscrypto.news

JP Morgan: crypto is nonexistent for institutional investors

JPMorgan executive stated that cryptocurrency is a nonexistent asset class for the vast majority of large institutional investors due to the volatility and

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DropTownDropTown

Is crypto non-existent for institutional investors? This JPMorgan exec states that...

Is crypto non-existent for institutional investors? This JPMorgan exec states that… Source link

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AMBCryptoAMBCrypto

Is crypto non-existent for institutional investors? This JPMorgan exec states that...

The head of institutional portfolio strategy at JPMorgan said that asset class volatility continues to be difficult for money managers.

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AMBCrypto broke the news in on Monday, December 26, 2022.
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