Fund Managers’ Cash Holdings Plummet to Historic Lows

The BofA Global Fund Manager Survey, conducted from January 8-15, 2026, reveals fund managers’ cash holdings at a historic low of 3.2%, signaling bullish investor sentiment.

This shift underscores heightened confidence in risk assets amid unknown factors, though no direct crypto market impacts or related regulatory responses have been observed.

Historical Comparisons and Potential Cryptocurrency Impact

Reduced cash reserves typically suggest a shift towards equity or other riskier investments. This sentiment aligns with broader risk appetite patterns, potentially catalyzing renewed market activity. Fund managers might contribute to increased market liquidity, encouraging broader financial movements.

Despite this record low, no significant statements from regulators or financial institutions have emerged. Contextual silence from such entities might suggest implicit approval or watchful patience regarding potential market shifts.

“It appears that there are no specific quotes or responses from crypto founders, CEOs, KOLs, or relevant stakeholders related to the Bank of America (BofA) Global Fund Manager Survey’s findings as of January 23, 2026. The survey indicates a low cash holding percentage but does not prompt any identifiable reactions in primary sources from the crypto community or other related sectors.”

Market Data and Trends

Did you know? Before this record low, the previous cash holding low was observed during the pre-COVID market surge in 2019 when fund manager cash allocations averaged around 4%.

Bitcoin (BTC) is currently trading at $89,872.87, with a market cap of $1.80 trillion and a market dominance of 59.19%, as reported by CoinMarketCap. Notably, Bitcoin’s trading volume fell by 35.97% in the past 24 hours, with negligible short-term price shifts but a three-month decline of 19.27%. Insights from the Coincu research team suggest that this cash reduction implies a possible uptick in investment in both traditional equities and cryptocurrency markets.

Insights from the Coincu research team suggest that this cash reduction implies a possible uptick in investment in both traditional equities and cryptocurrency markets.