Spanish lender BBVA advises its wealth clients to use 3% – 7% of their portfolio for cryptocurrencies, the Spanish banking company said Tuesday.
The bank’s digital and blockchain solutions are responsible for
Last September, According to a Reuters report.
“The risk is greater, we allow up to 7% of cryptocurrencies (the portfolio)” Meyer said.
BBVA’s advice on investing in cryptocurrencies currently applies to Bitcoin and Ether
but banks plan to expand it to other cryptocurrencies later this year.
While many major financial institutions have clearly warm attitudes towards cryptocurrency investment in 2025, BBVA’s news is worth noting as it is actively advising its customers to buy cryptocurrencies.
BBVA did not immediately respond to Coindesk’s request for comment.
