Morgan Stanley Recommends a 4% 'Opportunistic' Crypto Portfolio Allocation

CN
coindesk
Follow
3 hours ago


U.S. banking titan Morgan Stanley's Global Investment Committee (GIC) recommends an allocation of up to 4% of portfolios to cryptocurrency, according to an Oct. 1 note.

The 4% allocation is at the top end of GIC's recommendations, pertaining to investors seeking "opportunistic growth," according to the note, shared on X by Bitwise CEO Hunter Horsley on Sunday.

Investors seeking balanced growth or market growth should allocate 2% and 3% respectively. However, for those seeking wealth conservation or income, the allocation should be 0%.

The GIC described cryptocurrency as "a speculative and increasingly popular asset class that many investors, but not all, will seek to explore," adding that its commentary is focused primarily on bitcoin (BTC), which it said is "akin to digital gold."

For comparison, BlackRock and Fidelity, which both offer crypto investment through exchange-traded funds (ETFs) both recommend an allocation of about 2%, where other ETF providers Grayscale and VanEck have offered recommendations of 5% and 6%.

For many in the crypto industry, that major financial institutions such as Morgan Stanley and BlackRock recommend any allocation at all is a sign of how far cryptocurrency has come since the days when certain banking execs labelled it a "fraud".


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink