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