Morning Minute: Bank of America Recommends up to 4% Crypto Portfolio Allocation► https://t.co/UQaguP4YGF https://t.co/UQaguP4YGF ...

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors pop 7-10% as Vanguard debuts crypto access; BTC at $92,900 Bank of America recommends up to 4% crypto allocation for wealth clients Ethereum’s Fusaka upgrade set to debut today Kalshi raises at $11B valuation; co-founder Luana becomes youngest female billionaire ...

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 ...