Bank of America has announced that its wealth management clients should consider allocating cryptocurrencies in their portfolios. The bank advises clients of Merrill, Bank of America Private Banking, and Merrill Edge platform to allocate 1% -4% of their assets to digital assets.
From January 5 next year, the bank's investment strategists will begin covering four bitcoin ETFs, including the Bitwise Bitcoin ETF (BITB), Fidelity Wise Origin Bitcoin Fund (FBTC), grey release Bitcoin Mini Trust (BTC), and BlackRock iShares Bitcoin Trust (IBIT).
Bank of America advises wealth management clients to allocate 1% -4% of their portfolios to cryptocurrencies
2025-12-02 11:13:46
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