Morgan Stanley Recommends a 4% 'Opportunistic' Crypto Portfolio Allocation

U.S. banking titan Morgan Stanley's Global Investment Committee (GIC) recommends an allocation of up to 4% of portfolios to cryptocurrency, according to an Oct. 1 note. The 4% allocation is at the top end of GIC's recommendations, pertaining to investors seeking "opportunistic growth," according to the note, shared on X by Bitwise CEO Hunter Horsley on Sunday. Investors seeking balanced growth or market growth should allocate 2% and 3% respectively. However, for those seeking wealth conservation or incom ...