JPMorgan analysts noted that the share of gold and bitcoin in investors' portfolios is expanding
In 2024, the cryptocurrency market saw a record influx of funds, indicating that bitcoin has become an important tool for market participants.
JPMorgan called the past year a key year for the digital asset industry. According to their estimates, about $78 billion was invested in the industry over 12 months.
Of this amount, $27 billion$ went to ETFs, $14 billion$ went to CME futures, $14 billion went to cryptocurrency-related venture funds, $22 billion$ went to MicroStrategy's purchase of bitcoins, and $1 billion$ went to deals with miners.
Analysts note that the share of gold in investors' portfolios is growing. This is evident from the amount of precious metal stored by central banks and private investors.
Private investors use various instruments to work with gold: physical gold, gold ETFs and other investment products. Now they make up a significant part of the total investment volume of non-bank investors around the world.
Also, analysts expressed their confidence in the growth of the value of the first cryptocurrency and gold during the presidency of Donald Trump back in November last year