Major financial institutions have issued official guidelines recommending allocations of Bitcoin in investment portfolios, with proposed ranges varying significantly depending on the institution but generally converging around 1% to 5%.

Mountain Ranges and What They Reveal
The chart illustrates the recommended allocation range for each institution along a spectrum from 0% to 5%, with the RIVER indicated separately on the far right of the scale.

Fidelity stands out with the broadest and most aggressive range in the group, with recommendations spanning from about 1% to about 5%.

This wide range reflects Fidelity’s established position as one of the most advanced major financial institutions in the cryptocurrency space, having launched its own Bitcoin custody products and exchange-traded funds earlier than most competitors.

Bank of America’s forecast range is approximately between 1% and 4%, representing a significant endorsement from an institution that has spent many years among skeptics of digital assets. Morgan Stanley’s estimates cover a similar range, from just under 1% to just below 4%.

BlackRock, the world’s largest asset management firm, offers more precise recommendations, with its suggested allocation around 2% within a narrower range. This precision is noteworthy. BlackRock’s exact recommendation at the midpoint carries a different weight than a broad exploratory range, given the heavy reliance of institutional capital on the firm’s analyses.