84% of Global Investors Still Haven’t Touched Crypto - BoA Report Reveals Massive Untapped Market
Wall Street's sleeping giant just woke up - and it's not happy about missing the crypto revolution.
The Unbanked Billions
Bank of America's latest survey drops a bombshell: 84% of institutional money remains parked on the sidelines. That's not just a number - it's a tidal wave of capital waiting to crash into digital assets. Traditional finance's reluctance looks less like caution and more like fear of obsolescence.
The Institutional FOMO
Hedge funds and family offices are scrambling to understand what they've missed. While retail investors piled in during the last bull run, the big players hesitated. Now they're playing catch-up with an asset class that operates 24/7 and doesn't care about banking hours.
Regulatory Roadblocks - Or Excuses?
Sure, compliance departments love to cite 'regulatory uncertainty' - but that's just finance-speak for 'we didn't bother to learn the technology.' Meanwhile, crypto markets hit new ATHs while traditional portfolios barely beat inflation.
The ironic part? These same institutions will eventually FOMO in at peak prices - because nothing says 'sophisticated investor' like buying high after years of calling it a scam.
Crypto Still a Ghost Town: BoA
A recent survey conducted by the Bank of America is showing some new reality checks in the cryptocurrency domain. The new survey shared details on how global investors at large are still not exploring crypto, with allocations standing at zero.
The survey later shared additional insights, adding that 67% of fund managers have zero allocation to digital assets. This development emphasizes the fact that crypto adoption is still nascent, contrary to the current ideas and crypto market assumptions.
Moreover, nearly 3% of respondents agreed to have explored crypto, with 3% to 4% and another 1% agreeing to having exposure to digital assets or more by 8%.
MOST INVESTORS HAVE ZERO ALLOCATION TO CRYPTO: BANK OF AMERICA
Bank of America’s September survey shows 67% of fund managers hold no crypto. Only small fractions allocate 2% (3%), 4% (3%), or 8%+ (1%). The average allocation is just 0.4%. Overall, 84% haven’t started structural…
Global Reluctant Stance
The BoA survey further revealed a staggering narrative, adding how 84% of global institutional fund managers have not yet touched crypto. 84% of these respondents claim that they have not touched cryptocurrency, showcasing a stark gap between its real adoption practices and assumed notions.
While others have been viewing this narrative with a hint of failure and shock, the crypto enthusiasts have been showing relentless support, stating how it’s still early for investors to bank on “the Bitcoin movement” that one day is bound to explode.
BANK OF AMERICA: Most investors have ZERO allocation to bitcoin and crypto.
67% of fund managers hold no crypto.
It's still early.pic.twitter.com/skCsSQz2h1