In its latest e-trading trends survey of 835 institutional traders, investment bank JPMorgan attempted to gauge market sentiment for the coming year.
However, the findings appear very conflicted, especially concerning digital assets and trading.
A question regarding electronic trading, which included crypto, commodities, and derivatives, saw an overwhelmingly positive response.
“100 of responding traders predicted they will increase electronic trading activity.”
58 was the response to a question regarding the volume of crypto traded on e-trading platforms in 2023. The figure increased by 11 to a predicted 69 for 2024, suggesting that professional traders would be looking to increase their volume of crypto traded through digital platforms.
72 Negative on Crypto: JPM
However, a question asking about focus and sentiment towards crypto assets saw 72 of those polled claiming, “I have no plans to trade crypto/digital coins,” in 2023.
