JPMorgan Survey: 78% of Institutional Investors Don’t Plan to Invest in Crypto
While most wouldn't invest yet, 58% of respondents believe that crypto is "here to stay."
Cryptocurrency was beaten as the top investors' choice by stocks, but only by 3%.
The payments giant polled 15,569 consumers in 18 countries; 40% said they plan to use cryptocurrency in the next year.
A bullish bet on the cryptocurrency was also the most crowded trade in January.
Over 60% of respondents surveyed by Investopedia believe bitcoin is in bubble territory.
A Goldman Sachs client survey on digital assets found that 40% of clients have exposure to cryptocurrencies.