Investors' view on cryptocurrencies is split, with 49% calling it 'rat poison' or a temporary fad, JPMorgan survey finds

• Cryptocurrencies remain a polarizing topic among investors, according to a survey conducted by JPMorgan.
• About half of investors surveyed believe that cryptocurrencies are here to stay, while the other half believes the asset class is either a temporary or "rat poison."
• One thing the surveyed investors can agree on: cryptocurrencies will be subject to tighter regulations going forward.
• $4.

Investors' view towards cryptocurrencies remains extremely polarized, according to a survey conducted by $4.

The survey found that 51% of the survey respondents believe cryptocurrencies are here to stay, or can even become an important asset class in the future.

Meanwhile, 49% of survey respondents believe cryptocurrencies are either "rat poison" (33%) or a temporary fad (16%). That loaded survey answer was in reference to comments $4, when he said bitcoin and crypto were "probably rat poison squared."

Despite the partial underlying optimism conveyed in the survey, most investment firms still don't transact crypto.

Only 10% of firms surveyed by JPMorgan currently trade or invest in crypto, while 89% of firms surveyed do not. And of the firms that do not currently invest or trade cryptocurrencies, about 80% said they are not likely to begin trading or investing in crypto.

That's likely in part due to the heightened volatility of the asset class, which has been on full display this week as bitcoin cratered more than 10% $4 Meanwhile, the meme-inspired dogecoin cryptocurrency $4 from its peak made just last month.

But one thing the surveyed investors mostly agreed on was the future regulation outlook for crypto. According to the survey, 81% of respondents believe crypto will face tougher regulations going forward. Meanwhile, 95% said that fraud is prevalent in the cryptocurrency world.

Those tougher regulations and prevalence of fraud could be why the $4 in terms of approving a highly anticipated bitcoin ETF.

Finally, 62% of surveyed investors believe cryptocurrencies are in a bubble, according to JPMorgan. As of Tuesday afternoon, the total market value of all crypto stood at $1.3 trillion, according to data from $4.