{"id":71952,"date":"2022-12-26T13:30:39","date_gmt":"2022-12-26T11:30:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=71952"},"modified":"2025-09-08T12:05:16","modified_gmt":"2025-09-08T09:05:16","slug":"opinion-cryptocurrencies-do-not-exist-for-most-institutional-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/opinion-cryptocurrencies-do-not-exist-for-most-institutional-investors\/","title":{"rendered":"Opinion: Cryptocurrencies do not exist for most institutional investors"},"content":{"rendered":"<p>Large institutional investors continue to &#8216;stay away&#8217; from digital assets due to high volatility. This was stated by Jared Gross, managing director of JPMorgan Asset Management, in an interview with <a href=\\\"https:\/\/www.bloomberg.com\/news\/audio\/2022-12-22\/jpmorgan-s-obituary-for-globalization-podcast\\\">Bloomberg<\/a>.<\/p>\n<p>In his view, Bitcoin has not become an alternative to gold or a hedge against inflation, as many had hoped. For most large institutional investors, cryptocurrencies as an asset class simply do not exist, he added.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;[Many large investors] breathed a sigh of relief \u2014 they did not enter this market, and are unlikely to do so in the near future,&#8221; the top executive said.<\/p>\n<\/blockquote>\n<p>As of writing, Bitcoin&#8217;s volatility is at a historical low.<\/p>\n<p><script async src=\\\"https:\/\/telegram.org\/js\/telegram-widget.js?21\\\" data-telegram-post=\\\"forklog\/29110\\\" data-width=\\\"100%\\\"><\/script><\/p>\n<p>In December, JPMorgan analysts found that the share of US adults who have ever transferred funds to a cryptocurrency-related account <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-13-of-americans-have-invested-in-cryptocurrencies\">increased<\/a> from 3% in 2020 to 13% as of June 2022.<\/p>\n<p>Earlier, State Street analysts concluded that institutional investors <a href=\"https:\/\/u1f987.com\/en\/news\/state-street-crypto-winter-has-not-deterred-institutional-investors\">have retained their interest in blockchain and cryptocurrencies<\/a>, despite the bear market.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Large institutional investors continue to stay away from digital assets due to high volatility. This was stated by Jared Gross, managing director of JPMorgan Asset Management, in an interview with Bloomberg.<\/p>\n","protected":false},"author":1,"featured_media":71953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,229,1138],"class_list":["post-71952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-jpmorgan","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=71952"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71952\/revisions"}],"predecessor-version":[{"id":71954,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71952\/revisions\/71954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/71953"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=71952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=71952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=71952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}