In accordance with Bitcoinist, Bank of America will permit approximately 15,000 wealth advisors to recommend Bitcoin ETF allocations to clients starting January 5, 2026. The bank has approved exposure ranges of 1% to 4% of client portfolios, aligning with a broader institutional shift toward crypto adoption. The move includes support for four ETFs: IBIT, BITB, FBTC, and Grayscale’s Bitcoin Mini Trust. Analysts suggest the timing reflects a strategic entry amid a market correction, with Bitcoin recently falling from $126,000 to $85,000. The bank’s $2.67 trillion in assets under management could significantly impact market demand if even a small percentage is allocated to Bitcoin ETFs.
Bank of America to Allow 15,000 Advisors to Recommend Bitcoin ETFs from January 2026
BitcoinistShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.