Bitcoin (BTC) $71,111.24 -4.58%
Ethereum (ETH) $2,185.70 -5.82%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 89.646598 -5.41%
Cardano (ADA) $0.27 -5.69%
Chainlink (LINK) $9.18 -6.50%
Litecoin (LTC) $55.79 -4.22%
Dash (DASH) $32.40 -7.61%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.227672 -8.46%
X-Cash (XCASH) 1.0E-5 -3.85%
Dogecoin (DOGE) $0.00 -12.38%

Cryptocurrencies: 28621

Markets: 116264

Market Cap: $2,437,897,749,122

24h Vol: $107,896,581,607

Bitcoin.com

2022-12-25 03:00:28

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio

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