{"id":546736,"date":"2023-02-02T07:38:11","date_gmt":"2023-02-02T04:38:11","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/72-of-institutional-traders-are-crypto-skeptical-this-year-jpmorgan\/"},"modified":"2023-02-02T07:38:11","modified_gmt":"2023-02-02T04:38:11","slug":"72-of-institutional-traders-are-crypto-skeptical-this-year-jpmorgan","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/72-of-institutional-traders-are-crypto-skeptical-this-year-jpmorgan\/","title":{"rendered":"# 72% of institutional traders are crypto-skeptical this year: JPMorgan"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a412a215d2ec\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a412a215d2ec\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/72-of-institutional-traders-are-crypto-skeptical-this-year-jpmorgan\/#%E2%80%9D_72_of_institutional_traders_are_crypto-skeptical_this_year_JPMorgan_%E2%80%9C\" >&#8221; 72% of institutional traders are crypto-skeptical this year: JPMorgan &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_72_of_institutional_traders_are_crypto-skeptical_this_year_JPMorgan_%E2%80%9C\"><\/span>&#8221; 72% of institutional traders are crypto-skeptical this year: JPMorgan &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-5a4050f8>A whopping 72% of institutional e-traders have signaled \u201cno plans to trade crypto\/digital coins\u201d in 2023, according to a new survey conducted by JPMorgan.<\/p>\n<p>The seventh edition of JPMorgan\u2019s e-Trading Edit surveyed 835 traders from 60 different global locations about the technical developments and macroeconomic factors that will influence trading performance in 2023.<\/p>\n<p>The survey revealed hesitation among traders around digital assets. Only 14% of respondents said they will either continue to trade in the digital asset market or begin trading this year.\u00a0<\/p>\n<p>The remaining 14% of respondents said they didn\u2019t plan on investing this year but may do so within the next five years.<\/p>\n<p>The overwhelming majority of the institutional traders surveyed by JPMorgan \u2014 92% \u2014said\u00a0they didn\u2019t have any exposure to the digital asset market in their investment portfolio at the time of the survey, which was\u00a0conducted from Jan. 3 to Jan. 23.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/3725cde5-a2c0-4b7f-826d-a2a4e83714a2.jpg\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Nearly three-quarters of institutional traders don\u2019t plan on touching the digital asset market in 2023. Source: <\/em><em>JPMorgan<\/em><\/figcaption><\/figure>\n<p>This may be due to the fact that nearly half of the respondents cited volatile markets as the biggest challenge to perform well on a day-to-day basis.<\/p>\n<p>The quantitative tightening measures imposed by the United States Federal Reserve in 2022 may have played a factor too, with 22% citing liquidity availability concerns as the most influential factor impeding trading performance.<\/p>\n<p>The survey results come just months after investor and trader sentiment in the cryptocurrency market dipped following the catastrophic collapses of the Terra (LUNA) ecosystem and trading platform FTX in 2022.<\/p>\n<p>In another JPMorgan poll, 30% of respondents cited recession risk as the most influential macroeconomic factor to look out for, while 26% believe inflation will most influence trading outcomes.<\/p>\n<p>It should be noted that trading typically refers to jumping in and out of stocks or assets within weeks, days and even minutes with the aim of short-term profits, while investors have a longer-term outlook.<\/p>\n<p>Last year, an institutional investor survey sponsored by crypto exchange Coinbase found that 62% of institutional investors had invested in the digital asset market from November 2021 to late 2022, seemingly undeterred by the prolonged crypto winter.<\/p>\n<p>A more recent study, in June, also found that 71% of high-net-worth individuals\u00a0have already invested in cryptocurrencies, while many others are adopting longer-term strategies rather than trading on a day-to-day basis. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>A beginner\u2019s guide to cryptocurrency trading strategies<\/em><\/strong><\/p>\n<p>In a separate finding, the survey found that 12% of traders saw blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> as the most influential technology to shape the future of trading, compared to 53% for\u00a0artificial intelligence and machine learning-related technologies.<\/p>\n<p>These figures are in stark contrast to 2022\u2019s poll, where blockchain technology and AI each received 25% of all votes.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/77fdefa6-569d-4e2e-8607-78f5d26a2aa1.jpg\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Only 12% of institutional traders believe blockchain technology will be the most influential for trading performance. Source: <\/em><em>JPMorgan<\/em><\/figcaption><\/figure>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/72-of-institutional-traders-are-crypto-skeptical-this-year-jpmorgan\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; 72% of institutional traders are crypto-skeptical this year: JPMorgan &#8220; A whopping 72% of institutional e-traders have signaled \u201cno plans to trade crypto\/digital coins\u201d in 2023, according to a new survey conducted by JPMorgan. The seventh edition of JPMorgan\u2019s e-Trading Edit surveyed 835 traders from 60 different global locations about the technical developments and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":546737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/0acd6f14-886d-4f12-ae81-365e34fbbb4e.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,107431,135234,122378,74355,117,73711,70792,72672,71407],"class_list":["post-546736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-cryptocurrency-investment","tag-ftx","tag-terra","tag-adoption","tag-business","tag-investments","tag-jpmorgan-chase","tag-machine-learning","tag-trading"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/546736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=546736"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/546736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/546737"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=546736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=546736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=546736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}