Art market`s size is aquivalent to all real asset private market, and it is not used by institutional funds in their allocations. This is interesting because it is a large market where large institutional investors do not enter.

https://awealthofcommonsense.com/wp-content/uploads/2021/05/Screenshot-2021-05-03-093023.jpg

The performance of art assets during the first seven months of 2020 was far superior to other assets.

art recession-proof asset

On the other hand, the performance has a high correlation with the developed markets (not so good as a safe haven asset).

We will see how this market evolves in the coming years with digital assets, especially tokens, such as NFTs. It has potential.