Bitcoin currently represents only 0.2% of total global assets, significantly lower than gold at 2.2% and real estate at 37%, indicating that the cryptocurrency market remains in its early stages. According to a recent Bank of America global fund manager survey, 75% of fund managers have zero exposure to Bitcoin or any cryptocurrencies, while only 9% hold digital assets in their portfolios. For comparison, 41% of fund managers have no exposure to gold. Industry experts, including Bitwise CIO Matt Hougan, suggest that Bitcoin still has the potential to grow tenfold before it becomes a mainstream investment. These findings highlight that Bitcoin and the broader crypto market have not yet become consensus trades among major institutional investors.
75% OF GLOBAL FUND MANAGERS HOLD ZERO CRYPTO ONLY 9% HAVE DIGITAL ASSETS Source: BofA https://t.co/JQVwoeC5OG
₿m to a fresh new week! ☀️ Ready and locked tf in to ship for Bitcoiners and BTCfi believers. (Believe in something) 🧡 https://t.co/LqV4KWRS2E
📊 STATS: 75% of global fund managers have zero crypto allocation in their portfolios, while only 9% hold any digital assets, according to BofA's latest survey. https://t.co/JdKTEcAyAl