Based on AICryptoCore, Bank of America announced a new policy allowing wealth management advisors to recommend 1% to 4% of client portfolios in regulated Bitcoin ETFs starting January 5, 2026. The move aligns with growing client demand and industry trends, enabling institutional participation without direct custody of crypto assets. The policy applies to ETFs like Bitwise Bitcoin ETF and Fidelity FBTC, and affects approximately 15,000 wealth advisors.
Bank of America Approves 1%-4% Crypto ETF Allocations for 2026
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