A recent Bank of America survey shows that most global fund managers are still hesitant to invest in crypto despite the recent bullish momentum observed in the sector.
Meanwhile, crypto allocations among managers who hold these financial instruments are small. On average, these portfolios dedicate just 3.2% to digital assets.
Breaking it down, 6% of managers have roughly 2% exposure, 2% hold 4%, and only 1% report allocations above 8%. When averaged across the full group, crypto represents just 0.3% of assets under management.
According to him:
“Aren’t these the same ‘global managers’ who said they were selling America in Q1 ? Maybe they should start surveying people with better returns.”
Meanwhile, other industry players noted that the low participation rate could indicate untapped potential in the crypto market.
“Wall Street has barely gotten off zero and Bitcoin is still $120,000. We are going to absurdly higher.”
Historically, digital assets have offered strong returns but come with significant volatility. This risk factor appears to be why many institutional investors have limited their crypto holdings.
At the same time, the US regulatory environment is also encouraging broader adoption of the emerging industry.
