Morgan Stanley Bitcoin Guidance Could Channel $80B Into Crypto
Morgan Stanley has updated its investment guidance and is now suggesting that some clients allocate a small slice of their portfolios to Bitcoin. If taken seriously, that shift could send as much as $40 to $80 billion into the crypto market. The bank is now referring to Bitcoin as a “scarce asset similar to digital gold” and is recommending allocations between 2 and 4 percent, depending on how much risk a client is willing to take on.
The new guidance comes from Morgan Stanley’s Global Investment Committee. It breaks things down based on the type of portfolio. For example, portfolios focused on “Opportunistic Growth” may go up to 4 percent in Bitcoin or similar digital assets. Those with a “Balanced Growth”…
