Bitcoin (BTC-USD) is trading above $100,000. WisdomTree global head of research Chris Gannatti joins Wealth! Host Brad Smith to discuss how much of a portfolio should be allocated to crypto.

"What we tend to see is somewhere between 1 and 5%, depending on the needs and the situation of the investor," Gannatti reports.

He adds, "You're starting to see institutions even take the plunge and gain at least some exposure. It'll be fascinating. There are these institutional consultants that basically, in the past, came up with the quote-unquote, 60% equity, 40% bond allocations. Maybe one day, they're recommending a 2% or 3% or 4% [crypto portfolio allocation]. They don't do it yet."

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This post was written by Naomi Buchanan.