BofA: "Wall Street institutional investors are still excluding virtual asset investments"
Suehyeon Lee
Summary
- According to a survey conducted by BofA, Wall Street institutional investors are still showing a passive attitude toward virtual asset investments.
- About 97% of respondents stated that they are not engaging in institutional-level virtual asset investments.
- It was reported that the average proportion of virtual assets in portfolios is just 3.2%.
It appears that Wall Street institutional investors continue to show a passive attitude toward virtual asset (cryptocurrency) investments.
According to a recent survey conducted by BofA on the 17th (local time), about 97% of Wall Street institutional fund managers responded that their institutions are not investing in virtual assets.
The average proportion of virtual assets within portfolios was only 3.2%. Meanwhile, 211 fund managers overseeing a combined $504 billion participated in this survey.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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