US financial firm JP Morgan Chase has reported that institutional investors are reluctant to participate because the cryptographic market continues to weaken. According to Bloomberg News, JP Morgan had a different view, although analysts said that interest in institutional investors has been growing despite the weak market.
JP Morgan analysts said that institutional investors’ motivation for bit coin began to wane. The index, which indicates the number of futures contracts of the Chicago Option Exchange CBOE, is also falling sharply. Analysts also point out that trading in the Chicago futures CME, where institutional investors are more involved, is nearing bottom of the year. Analysts also noted that the average volume of transactions also declined. It was $ 5,000 a year ago, but it is now under $ 160. For more information, please click here .