Institutions are not coming to save ‘crypto’ from itself
“The institutions are coming” was a popular mantra in the digital currency space just a few years back.
While a few did come, such as BlackRock (NASDAQ: BLK) and Vanguard, with their BTC ETFs, the latest report on eTrading from JPMorgan (NASDAQ: JPM) suggests the vast majority aren’t interested, and the number of traders who think blockchain is an important technology has declined sharply.
The annual JPM eTrading survey surveyed 4,200 institutional traders. It showed that 71% of…
