JPMorgan Strategist Says Crypto Is ‘Non-Existent’ in Portfolios of Institutional Investors: Report

A strategist from banking giant JPMorgan reportedly says that crypto assets are still virtually non-existent to the majority of the institutional investment world. In an episode of Bloomberg’s What Goes Up podcast, JPMorgan’s head of institutional portfolio strategy Jared Gross says that crypto is too difficult to fit into institutional portfolios.