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JPMorgan recently released its 2026 US stock investment recommendation list, which covers 47 targets. Surprisingly, the entire crypto industry was completely absent.
Whether it’s compliant leading exchanges like Coinbase, major holders like MicroStrategy, or miner stocks like Bitmine, none of them appeared on the list. It can be said that the crypto sector was entirely left out this time. Some AI giants occupy a significant portion of the list, but even the AI sector was not fully represented.
What does this reflect? Perhaps it indicates that major investment banks remain cautious about crypto assets. At least in their mid-term investment strategies, they seem to prefer traditional tech giants. However, crypto market participants need not over-interpret this; institutional recommendation lists are merely a reference, and the final market voice still lies in liquidity and genuine demand.