Wall Street Turns Away From Crypto: BofA Finds Most Institutional Investors Hold No Exposure

New research by Bank of America has revealed a concerning trend in the investment world: institutional investors are largely steering clear of cryptocurrencies. A recent survey showed that a staggering 97% of these investors maintain zero exposure to digital assets, according to data shared by ETF Store founder Nate Geraci. While some investors reported minimal cryptocurrency investments, those who did have only allocated an average of 3.2% within their portfolios.