BBVA Suggests Wealth Clients Invest 7% in BTC and ETH
Spanish banking giant BBVA is encouraging its wealth management clients to allocate between 3% to 7% of their portfolios into cryptocurrencies, particularly Bitcoin (BTC) and Ethereum (ETH). An executive disclosed this strategy on Tuesday, which highlights the increasing acceptance of digital assets among traditional financial institutions. This recommendation reflects a growing trend where established banks begin to recognize the potential of cryptocurrencies in diversifying investment portfolios. Clients are encouraged to consider these assets as part of a balanced investment strategy to harness the evolving market landscape. Understanding these shifts could help investors make informed decisions moving forward.