Bank of America has released its monthly Global Fund Manager Survey, which assesses the sentiment of asset managers. It turned out that buying BTC was the third most popular advice.
As in November, most investment advisors opted for investing in technology stocks. However, if in November 65% of respondents were in favor of buying this asset class, in December – only 52%.
But in December, 18% of asset managers immediately called for selling US dollar reserves and investing in other assets. Buying Bitcoin was advised by 15% of respondents, against 4% in November.
At the same time, only 3% of respondents believe that in 2021 Bitcoin will be the most profitable asset. The indicator even fell 1% compared to the November poll. The vast majority of fund managers expect emerging markets to show significant growth next year.
The survey was conducted from 4 to 10 December. It was attended by 217 asset managers, who control a total of $534 billion in client funds.
Note that, as shown by a recent survey of the Genesis Mining platform, most American retail investors do not believe in the growth of the Bitcoin rate to $50,000 by 2030.
