Spain's largest bank advises wealthy individuals to invest in crypto – A positive signal for the market!
BBVA – the second largest bank in Spain – has just made a surprising recommendation: wealthy clients should allocate between 3% to 7% of their investment portfolio to cryptocurrencies, depending on their risk tolerance.
This is an extremely positive signal for the crypto market, especially as the advice comes from a leading traditional financial institution in Europe.
Currently, they are focused on two major coins: Bitcoin and Ethereum, but have revealed plans to expand into other digital assets by 2025.
The encouragement from a major bank to invest in crypto reflects the growing confidence of traditional finance in digital assets – not only as a speculative channel but as a strategic part of long-term asset management.
This is a new step in the process of legitimizing crypto globally, while also creating a solid foundation for other institutional investors to confidently enter the market.
Crypto remains a potential market but is highly volatile. Investors should thoroughly research and manage appropriate risks before participating.