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Nearly 75% of professional investors see Bitcoin as bubble: BoA survey

Nearly 75% of professional investors see Bitcoin as bubble: BoA survey

According to the latest Global Fund Manager Survey by Bank of America, 74% of respondents believed bitcoin to be a bubble. Just 16% expressed confidence that it is not a bubble. Comparatively, only 7% think the stock market is a bubble. The results come from a survey of 200 panelists with $533B in assets under management. About 10% said they think bitcoin will outperform in 2021.

Fareem
Fareem
Paraffin
Paraffin 4 weeks

"We asked 200 people who make a living off the stock market and not bitcoin if the stock market is good and if bitcoin is bad"

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