Funds Avoid Crypto Despite Market Boom

Bank of America surveyed fund managers to see how their portfolios are structured. Turns out, 75% of funds hold zero crypto exposure. Another 6% only keep around 2% in crypto.

And here we are thinking massive institutional money is pouring into the crypto market! In reality, three out of four U.S. funds haven’t put a single cent into it.

What’s surprising is this: these fund managers know better than anyone how shaky the traditional financial system really is. Yet they still ignore the innovative solutions that crypto has to offer.

Meanwhile, on rabbit.io there are countless crypto swaps happening every day - and often for very large sums. It gives the impression that adoption is everywhere. But the survey suggests otherwise.

The gap between the crypto community and traditional finance couldn’t be wider. And that’s why it feels so strange to see regulators trying to impose their rules on an industry they neither understand nor belong to.