JPMorgan Reveals Family Offices Favor AI Over Cryptocurrency Investments
A recent JPMorgan survey shows that nearly 89% of family offices have no exposure to crypto, with minimal allocations to digital assets.
According to a new survey conducted by JPMorgan, a staggering 89% of family offices indicated they have no investments in cryptocurrency. This finding highlights a significant preference for artificial intelligence as a prime investment theme, overshadowing interest in digital assets.
The data reveals that the average investment allocated to cryptocurrencies, including Bitcoin, remains strikingly low, at less than 1%. Such statistics underscore a cautious approach among family offices when it comes to embracing the volatile nature of cryptocurrencies in comparison to the more promising developments within the AI sector.