Institutional interest doomed? JPMorgan: 71% of traders have no plans to trade Bitcoin and other Virtual Money this year.

According to the latest survey by JPMorgan, despite the gradual improvement of the Cryptocurrency regulatory environment in the United States, institutional investors still hold a conservative attitude towards digital assets. More than 70% of institutional traders stated that they have no plans to engage in Cryptocurrency trading by 2025, with market fluctuations and inflation risks being the core issues they follow. (Background: JPMorgan: 'Depreciation Trading' is prevailing, and BTC has become a more important investment! Last year, a record 78 billion euros flowed into the currency market) According to the latest survey by JPMorgan, most institutional investors still have a wait-and-see attitude towards Cryptocurrency trading. Over 70% of the interviewed institutional traders stated that they have no plans to engage in Cryptocurrency trading by 2025, despite improvements in the relevant regulatory environment. There is a slight rise in interest in Cryptocurrency trading, but it remains a minority. JPMorgan's January electronic trading survey showed that 71% of institutional traders have no intention of trading Cryptocurrencies or digital assets, a slight decrease from 78% in 2024. However, despite the majority of institutions still not actively participating, 16% of respondents plan to start trading Cryptocurrencies this year, and another 13% have already participated in related transactions. Both of these figures are higher than last year, but the pace of change seems to be not as fast as we imagined. Picture Source: JPMorgan Online trading activity is on the rise, with market fluctuations being the biggest challenge The survey also pointed out that all respondents plan to increase online or electronic trading activities, particularly for assets with lower liquidity. However, market fluctuation remains the main challenge. 41% of the respondents believe that market fluctuation is the biggest obstacle to current trading, a significant increase from 28% in 2024. Gergana Thiel, Co-Head of Global Macro Sales at JPMorgan, said: It is not surprising that 51% of respondents believe that tariffs and inflation will be the core risks followed by the market in 2025. Regulatory environment improvement, but has not fully convinced institutional investors Although the regulatory environment for digital assets in the United States is gradually improving, the attitude of institutional investors towards Cryptocurrency still seems conservative. Eddie Wen, Global Head of Digital Markets at JPMorgan, told Bloomberg: Recent policy changes have dropped the threshold for traditional Financial Institutions to enter the field, and the new government seems to support market development. In addition, the U.S. Securities and Exchange Commission (SEC) recently downsized its Cryptocurrency enforcement division, softening the regulatory attitude towards the industry. President Trump even signed an executive order directing the government to establish a sovereign wealth fund, to be jointly managed by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, both supporters of Cryptocurrency. Senator Cynthia Lummis even hinted that the fund might invest in BTC. White House 'encryption czar' David Sacks also stated that the United States hopes to incorporate stablecoins into domestic regulation to expand the global influence of the dollar and promote its digitization. Related Reports JPMorgan: 'Solana and XRP ETFs, if approved, are expected to attract 13.6 billion U.S. dollars in the first year' JPMorgan: 'Depreciation trading' is prevailing, and BTC has become a more important investment! A record 78 billion euros flowed into the currency market last year JPMorgan, Citibank, Goldman Sachs, and other major banks are considering jointly suing the Federal Reserve because they are dissatisfied with this regulation. (Is institutional interest doomed? JPMorgan: 71% of traders do not plan to trade BTC and other Virtual Money this year)