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Cryptocurrencies: 29295
Markets: 112889
Market Cap: $2,046,077,795,721     
24h Vol: $79,885,785,705
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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