Why BBVA Thinks Bitcoin Is Your Portfolio’s New Best Frenemy 🤑💥

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Ah, BBVA, that venerable Spanish guardian of wealth, now whispers into the ears of the fortunate: “Why not sprinkle a mere 3-7% of your golden eggs into the mysterious realm of Bitcoin?” Philippe Meyer, the digital sage of their Swiss domain, delivered this oracle at a London gathering called DigiAssets — because where else do digital prophecies bloom?

BBVA’s Witty Dance with Bitcoin & Cryptic Coins

Since September 2022, our banker-poet Meyer has been gently nudging his clientele towards the glittering yet tempestuous shores of Bitcoin investments. For those thrill-seekers with hearts brave enough to tango with risk, he suggests up to 7%. (Because nothing says “fortune” like flirting with a digital flame.)

Not that BBVA just woke up to this craze—they’ve been slyly fulfilling crypto shopping lists since 2021, but now they officially coach the crypto curious on how to portion their digital pie.

All this while Bitcoin, the digital phoenix, soared to dizzying heights, nearly touching a $112,000 star in May. Quite the comeback after the 2022 “crypto rollercoaster” — starring the dramatic collapse of FTX and the heartbreak of many.

Meanwhile, the political stage has its own flair, with former US President Trump giving a thumbs-up to crypto, like a showman endorsing the next act, and Senate bills inching forward, as if to say, “Yes, we do approve this madness.”

Private banks usually treat cryptocurrencies like a peculiar pet—rarely do they openly advise clients to adopt them, more like responding when asked. BBVA, however, is waving its flag proudly among the 5% of EU banks daring to dance with the digital devil, as the rest hold their cautious breaths.

Future Plans: More Coins, More Fun?

Meyer boasts BBVA as among the first to officially guide the elite into the blockchain jungle. Since 2021, the bank’s Swiss branch has been a bustling crypto bazaar for Bitcoin trades and custody, staking its claim as a pioneer on this digital frontier.

Alfonso Gómez, BBVA’s Swiss captain, once declared their venture a “benchmark” in the brave new digital world — a phrase that sounds serious but might also make you chuckle.

Today, their crystal ball focuses on Bitcoin and Ethereum, with whispers of adding more digital delights soon. Meyer, ever the optimist, assures that even a modest 3% crypto splash could juice up your portfolio without turning it into a rollercoaster ride.

BBVA’s flirtation with blockchain dates back to 2015—long before crypto was cool, like the mysterious poet who showed up before the crowd. Their vision? Institutions that embrace these digital coins may well hold the keys to tomorrow’s money kingdom.

Check the chart here: https://www.tradingview.com/x/g5AHPExr/

At this moment, Bitcoin, the mercurial beast, rests at $103,945—down a cheeky 4% this week. Ah, the drama never ends! 🎭

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2025-06-18 17:44