BBVA (Banco Bilbao Vizcaya Argentaria), Spain’s second-largest bank, is advising its wealthy clients to allocate up to 7% of their portfolio towards Bitcoin (BTC) and Ethereum (ETH).
This is yet another sign that major banks and financial institutions that previously shunned crypto are warming up to the sector.
BBVA Suggests Crypto Allocation
BBVA reportedly advised its wealthy clients to invest between 3% and 7% of their investment portfolio into Bitcoin and Ethereum, depending on their desired risk exposure. Speaking at the DigiAssets conference in London, Philippe Mayer, head of digital and blockchain solutions at BBVA Switzerland, started,
“With private customers, since September last year, we started advising on bitcoin. The riskier profile, we allow up to 7% of (portfolios in) crypto.”
He also added that portfolio allocation has been increased to adjust for riskier profiles.
Clients Receptive
Meyer claimed that the bank’s customers had been very
We współpracy z: https://cryptodaily.co.uk/2025/06/spains-second-largest-bank-advises-wealthy-clients-to-make-crypto-allocation
