TechFlow news, according to a JPMorgan report, 78% of institutional traders do not plan to trade cryptocurrencies within the next five years, and only 7% of survey respondents view blockchain as an impactful technology—down from 25% in 2022.
The bank's 2024 electronic trading annual survey interviewed more than 4,000 institutional traders, covering emerging trends and hot topics in the global trading landscape.
Compared with the previous two years, enthusiasm for blockchain technology among 2024 respondents appears to have declined. Meanwhile, 61% believe artificial intelligence and machine learning will shape the future of trading over the next three years. Regarding macro events expected to influence markets this year, traders identified inflation, the U.S. election, and recession risks as the top three catalysts.
