This 2% limit might seem small but it's a huge step for bitcoin's legitimacy in the financial system. If banks start allocating even a fraction of this, demand could surge, pushing bitcoin further into mainstream adoption. I see this as a major shift that could redefine how instructions interact with crypto.
As it was said by fuguebtc, they are still very cautious about crypto and BTC in general, so it's obvious that all of the banks would go and try to interact with BTC right away.
Maybe it will start from the smaller banks, and then hop on to the bigger ones.