How big banks are becoming ‘Bitcoin whales’

Big banks have traditionally been skeptical of cryptocurrencies like Bitcoin. However, a new trend is emerging where these big banks are starting to embrace Bitcoin and other digital assets as part of their investment portfolios.

One of the reasons for this shift is the increasing interest from their clients in Bitcoin. As more and more people and institutions are getting involved in the crypto space, big banks are recognizing the need to offer these assets to their clients in order to stay competitive.

Additionally, big banks have realized the potential for high returns that Bitcoin and other cryptocurrencies can offer. With the recent surge in Bitcoin prices, these banks are starting to see the value in adding digital assets to their portfolios.

As a result, big banks are now becoming ‘Bitcoin whales’, holding large amounts of Bitcoin and other cryptocurrencies. This trend is likely to continue as more banks start to see the benefits of investing in the crypto market.