BBVA Banco in Spain would be advising clients to invest in Bitcoin

By Hannah Pérez

BBVA, one of the largest banks in Spain, is advising its high -heritage clients to invest between 3% and 7% of their portfolios in Bitcoin and Ethereum, marking a significant change in the institutional attitude.

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• Historical: BBVA advises rich customers to invest in cryptocurrencies such as Bitcoin and Ethereum.
• The Spanish bank suggests allocating between 3% and 7% of portfolios, according to risk appetite.
• Politics will expand to soon advise other crypts to customers.
• This is part of a broad movement of strong institutional adoption.

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In a notable turn regarding previous positions of the traditional financial sector, BBVAone of Escala’s largest banks, has begun to recommend to its high -heritage clients direct investment in cryptocurrencies.

This was confirmed by Philippe Meyer, head of digital solutions and Blockchain of the bank, during the conference DIGIASSETS Recently held in London, according to the news agency Reuters.

The Executive explained that, since September of last year, the bank is actively advising on the inclusion of Bitcoin (BTC) and Ethereum (ETH) in the investment portfolios of some of its rich customers. As detailed by the report, the institution suggests allocating between 3% and 7% of the total portfolio capital to these two main digital assets.

Meyer clarified that the recommendation can vary depending on the risk profile of each client. “The portfolio with a risky profile, we allow up to 7% in cryptocurrencies“, Said the manager during his presentation.

This Council marks one of the most advanced positions in the adoption of digital assets by banks both in Europe and internationally, and seems to be part of a broader movement of merger between crypto and traditional finance.

BBVA recommends cryptocurrencies to your customers

At the moment, the policy of BBVA Just contemplate Bitcoin and Etherthe two largest digital currencies in the world for market capitalization, although the representative indicated the intention of expanding the recommendation to other cryptocurrencies throughout 2025.

The exclusive selection of Bitcoin and Ether Possibly respond to factors such as maturity, market capitalization and liquidity of both assets, as well as their leading role in the ecosystem Blockchain global.

Bitcoin It reached a new historical price close to USD $ 112,000 last month, as an upward cycle is extended in the cryptocurrency market, fed by a combination of macroeconomic, regulatory, and adoption factors. BTC changes hands around USD $ 104,800 at the time of editing, 5% lower in the last 24 hours, according to Coinmarketcap.

ETH, meanwhile, has seen an impulse in recent days, although it accumulates a loss of almost 27% in the last year. Its price is USD $ 2,482, 2.7% lower in the day when writing these lines.

Meyer, who advanced the plan to Extend the recommended cryptocurrency range soon For portfolio strategies of the Spanish bank customers, it did not specify what could be those Tokens.

Inflection point for adoption between banks

The year 2025 seems to be marking a turning point for the institutional adoption of cryptocurrencies.

In contrast to the dominant caution that prevailed until a few years ago, we now see reputable banking entities opening the doors to their customers for direct investment in this kind of assets.

BBVA He has been incorporating services with cryptocurrencies for customers in Switzerland and Türkiye, and in March of this year he announced the expansion of this offer Spain to begin allowing his local clients to trade directly with Bitcoin and eth.

This is something that other main European banks have already been exploring as part of a growing trend between traditional financial institutions worldwide to be at the technological avant -garde. German giants Deutsche Bank and Dz Bank, Santander from Spain and I société générale In France they are clear examples of this.

While many important institutions are recently showing a clearly warmer attitude towards cryptocurrencies, the position of BBVA It stands out particularly due to your active advice for customers to buy and maintain the kind of assets.

Regulatory panorama in full evolution

Historically, regulators have warned about the risks of digital currencies, highlighting their volatile nature, the rise of associated scams and frauds, and the lack of legitimation, advising investors to stay out of the room because they could lose their money.

Banks and financial institutions have replicated this position, partly because of the lack of regulatory or explicitly due to the restrictions for the sector to be involved with these assets. The European Authority of Securities and Markets declared at the beginning of the year that 95% of the European Union banks do not participate in activities related to cryptocurrencies, he says Reuters.

In the United States, financial regulators and federal organizations have begun to allow banks to interact with cryptocurrencies as part of a broader change in Donald Trump’s administration in favor of cryptocurrencies.

As a result of this changing regulatory environment, American banks such as Bank of America They have expressed their intention to venture into the digital sphere with the issuance of their own Stablecoins. Weeks ago it was reported that the largest banks of Wall Street weigh whether to jointly create their own Stablecoin with parity of the dollar.

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Hannah Estefanía Pérez / Diariobitcoin

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