Morgan Stanley joins the crypto craze, recommending up to 4% in #bitcoin for aggressive portfolios
Wall Street Embraces Digital Gold!
#MorganStanley has taken a bold step by recommending up to 4% exposure to cryptocurrencies in high-risk portfolios, labeling them as a "speculative and increasingly popular" asset comparable to digital gold.
This guide, aimed at its most aggressive clients, suggests zero exposure for conservative investors and a constant rebalancing to mitigate the "colossal volatility" of digital assets.
The decision aligns Morgan Stanley with giants like #BlackRock (1-2% in BTC), #Grayscale (~5%), and #Fidelity (2-5%), reflecting a historic shift on Wall Street towards the integration of crypto into traditional portfolios.
Meanwhile, firms like Schwab plan to trade spot BTC and ETH by 2026, consolidating institutional adoption.
This move validates the crypto boom and reinforces the narrative of Bitcoin as a store of value in a bull market.