bank_america
86 views
2 Discussing
Hot
Latest
🚨 Bank of America goes all-in on crypto
Starting January 5, 2026, Bank of America will let its wealth-management advisers (in its Private Bank, Merrill, and Merrill Edge arms) recommend crypto exposure to clients — not just passively execute trades.
The bank is endorsing a 1%–4% allocation of clients’ portfolios into crypto (via regulated Bitcoin ETFs / ETPs), targeting investors okay with volatility.
On January 5, coverage will begin for four major Bitcoin ETFs: from Bitwise, Fidelity, Grayscale, and BlackRock — giving many more investors easier, regulated crypto exposure.
✅ Why it matters (for crypto holders / traders):
Legitimizes crypto as part of mainstream wealth-management — big bank backing = more trust in crypto.
Could drive fresh inflows into Bitcoin ETFs and other crypto-linked products.
Opens the door for many more “traditional finance” investors to allocate a slice of their portfolio to crypto — beyond just crypto-native users.
#bank_america
Starting January 5, 2026, Bank of America will let its wealth-management advisers (in its Private Bank, Merrill, and Merrill Edge arms) recommend crypto exposure to clients — not just passively execute trades.
The bank is endorsing a 1%–4% allocation of clients’ portfolios into crypto (via regulated Bitcoin ETFs / ETPs), targeting investors okay with volatility.
On January 5, coverage will begin for four major Bitcoin ETFs: from Bitwise, Fidelity, Grayscale, and BlackRock — giving many more investors easier, regulated crypto exposure.
✅ Why it matters (for crypto holders / traders):
Legitimizes crypto as part of mainstream wealth-management — big bank backing = more trust in crypto.
Could drive fresh inflows into Bitcoin ETFs and other crypto-linked products.
Opens the door for many more “traditional finance” investors to allocate a slice of their portfolio to crypto — beyond just crypto-native users.
#bank_america
Login to explore more contents