Morgan Stanley’s new investment guidance could channel up to $80B into Bitcoin

Morgan Stanley’s Global Investment Committee has issued new guidance encouraging investors to dedicate a small but deliberate portion of their portfolios to Bitcoin. The bank’s analysts now view the world’s largest crypto as a “scarce asset similar to digital gold,” recommending an allocation of 2% to 4% depending on risk appetite. Given that Morgan Stanley’s The post Morgan Stanley’s new investment guidance could channel up to $80B into Bitcoin appeared first on CryptoSlate.