29 banks around the world held approximately $368.3 billion in crypto assets in Q2 last year, but spot assets accounted for less than 3%

PANews reported on March 27 that according to data cited by CoinDesk from the Basel Committee on Banking Supervision (BCBS), the total crypto assets held by 29 global banks in the second quarter of 2024 reached 341.5 billion euros (approximately 368.3 billion US dollars), of which only 2.46% were spot crypto assets. Compared to 2021, banks' spot crypto holdings have decreased by 44%. The data shows that banks are more inclined to invest in crypto-related exchange-traded products (ETPs), which account for 92.5%, in order to avoid high volatility and regulatory risks. BCBS recommends that banks' spot crypto asset exposure should not exceed 2%.