[Chain Text] A large bank in the U.S. recently sent a guideline to its wealth management clients, suggesting that they can start considering adding some Crypto Assets to their investment portfolios.
How specifically should we configure it? They recommend that clients of several private banks and wealth management platforms under their umbrella allocate 1% to 4% of their funds to invest in Crypto Assets. Starting in January next year, their investment strategy team will focus on four Bitcoin ETFs—BITB, FBTC, Grayscale Mini Trust, and IBIT.
Chris Hyzy, the Chief Investment Officer of their private bank, is quite straightforward: if you are interested in innovative themes and can accept significant price fluctuations, then a small allocation of 1%-4% may suit you. The key is to choose regulated products and to think clearly about where the opportunities and risks lie. Conservative investors are safer closer to the 1% lower limit, while more aggressive ones can lean towards 4%.
In simple terms, traditional financial institutions have officially started to incorporate Crypto Assets into their asset allocation framework, but they do not encourage everyone to go All in. They still emphasize a small proportion, standardization, and acting within one's means. This signal itself is quite interesting.
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Large banks in the United States are beginning to recommend clients allocate 1%-4% to Crypto Assets, with a focus next year on four Bitcoin ETFs.
[Chain Text] A large bank in the U.S. recently sent a guideline to its wealth management clients, suggesting that they can start considering adding some Crypto Assets to their investment portfolios.
How specifically should we configure it? They recommend that clients of several private banks and wealth management platforms under their umbrella allocate 1% to 4% of their funds to invest in Crypto Assets. Starting in January next year, their investment strategy team will focus on four Bitcoin ETFs—BITB, FBTC, Grayscale Mini Trust, and IBIT.
Chris Hyzy, the Chief Investment Officer of their private bank, is quite straightforward: if you are interested in innovative themes and can accept significant price fluctuations, then a small allocation of 1%-4% may suit you. The key is to choose regulated products and to think clearly about where the opportunities and risks lie. Conservative investors are safer closer to the 1% lower limit, while more aggressive ones can lean towards 4%.
In simple terms, traditional financial institutions have officially started to incorporate Crypto Assets into their asset allocation framework, but they do not encourage everyone to go All in. They still emphasize a small proportion, standardization, and acting within one's means. This signal itself is quite interesting.