Bank of America Recommends Crypto for Wealth Clients: A New Era Begins

Bank of America has taken a significant step in financial markets by recommending a 1% to 4% allocation for cryptocurrencies among its wealth clients starting January 2026. This move aligns with the growing acceptance of digital assets and could significantly impact the Bitcoin ETF market. The recommendation, endorsed by over 15,000 advisors across Merrill, Private Bank, and Merrill Edge, prioritizes regulated Bitcoin ETFs as a safe entry point for investors seeking to diversify their portfolios. This strategic change reflects industry trends and potentially signals a surge in Bitcoin ETF inflows. Institutional leaders like Morgan Stanley and BlackRock have also taken similar steps, paving the way for greater cryptocurrency adoption within the financial industry.