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Bank of America, Fidelity, Morgan Stanley Endorse 1–5% Bitcoin Stakes in Portfolios

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Bank of America, Fidelity, Morgan Stanley Endorse 1–5% Bitcoin Stakes in Portfolios

Several major Wall Street institutions are now advising clients to include a modest allocation to Bitcoin within diversified portfolios. According to a report by River, firms such as Fidelity Investments, Bank of America, and Morgan Stanley are recommending measured exposure to cryptocurrency.

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