Morgan Stanley's Head of Digital Assets Strategy, Amy Oldenburg, highlighted at the DC Blockchain Summit that professional adoption of crypto funds remains in its infancy. She revealed that 80% of trading on the platform is driven by retail investors, with limited involvement from financial advisors. Since August 2024, Morgan Stanley has offered Bitcoin ETFs in brokerage accounts and is exploring the addition of Ethereum and Solana products.
Oldenburg emphasized the need for educational efforts to integrate digital assets into traditional asset allocation models. Morgan Stanley's Global Investment Committee previously suggested that cryptocurrency allocations could reach up to 4% in certain portfolios. Other institutions, including Bank of America and BlackRock, also advocate for a 1% to 4% allocation in diversified portfolios.
Morgan Stanley Exec: Crypto Adoption in Early Stages, 80% Trading by Retail
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
