JPMorgan: Institutional Crypto Adoption Still in Early Stages

JPMorgan has declared that institutional adoption of cryptocurrency remains in its early stages, despite recent momentum fueled by regulatory clarity and high-profile IPOs. 📈 The report suggests a growing interest among institutions for crypto-related assets, driving up prices for Bitcoin, Ethereum, and Solana. 📈 This trend is further backed by a record number of open interests in crypto derivatives by CME Group, indicating increased institutional involvement.