Bank of America Suggests Bitcoin ETF Exposure for Portfolio Diversification

Bank of America’s recent recommendation to allocate a small percentage of portfolios (1-4%) towards crypto has sparked debate regarding its impact on the market. While it initially appears bullish, deeper analysis reveals that the bank is advising investors to explore Bitcoin ETFs rather than direct Bitcoin purchases. 🤔 📈 The move comes after several weeks of weak ETF demand despite fee cuts and new product launches.