Banks advising us to invest in Bitcoin? Well, it's clearly not for everyone because, according to this, the advice is intended only for the wealthy, and not all of us are wealthy.
As mentioned in the article, we should allocate around 3% to 7% of our portfolio to Bitcoin.
Does this mean banks are finally becoming pro-Bitcoin?
https://www.reuters.com/business/finance/spanish-bank-bbva-tells-wealthy-clients-invest-bitcoin-2025-06-17/LONDON, June 17 (Reuters) - Spanish lender BBVA (BBVA.MC), opens new tab is advising wealthy clients to invest up to 7% of their portfolio into cryptocurrencies, an executive said on Tuesday, in the latest sign some banks are warming to a sector long avoided by mainstream finance because of its risks.
BBVA's private bank advises clients to invest 3% to 7% of their portfolio in cryptocurrencies depending on their risk appetite, Philippe Meyer, head of digital & blockchain solutions at BBVA Switzerland, told the DigiAssets conference in London.
"With private customers, since September last year, we started advising on bitcoin," Meyer said. "The riskier profile, we allow up to 7% of (portfolios in) crypto."
The biggest bang of the current era is Bitcoin, which runs on block chain technology. So, in part, all these banks have accepted Bitcoin to meet the needs of Bitcoin customers and to keep up with the times. Because Bitcoin is gaining popularity day by day. So, if the banks can meet the needs of large BTC holders, meaning owners of a lot of money, the banks may have accepted Bitcoin thinking that it will also be profitable. Because rich people never invest their money in one place. They have different types of businesses.
So if they keep 7% of their money for a long time, it will not have any effect on their other businesses, on the other hand, they will be able to make a lot of profit in the long run. But I think they will rarely get such customers. Bitcoin decentralization is a method. No one will give the responsibility of their personal wallet to someone else. It can be given by those who understand less about technology or who are not knowledgeable about it.