Spain's BBVA is Advising Clients to Invest Up to 7% of Portfolio in BTC, ETH: Reuters 🇪🇸
Spain's banking giant BBVA is reportedly advising its clients to invest up to 7% of their portfolio in cryptocurrencies like Bitcoin and Ethereum. The recommendation highlights the financial institution's confidence in the significant growth potential of digital assets.
According to Reuters, BBVA believes that these cryptocurrencies offer substantial opportunities for diversification and potential returns. By incorporating a modest percentage into investment portfolios, BBVA aims to guide clients towards embracing the evolving landscape of digital finance.
This move from BBVA underscores the increasing legitimacy and integration of cryptocurrencies within traditional financial systems, as more banks recognize their potential value.
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