Bank of America Says Clients Should Add Crypto to Their Portfolios
TLDR
- BofA suggests a 1% to 4% crypto allocation for Merrill and Private Bank clients.
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Four bitcoin ETFs will be covered starting January 5, 2026.
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Guidance focuses on regulated ETFs, not direct crypto trading.
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Trump-era changes have eased restrictions on banks offering crypto services.
Bank of America will soon allow its wealth management clients to gain regulated exposure to cryptocurrency through bitcoin ETFs. Beginning in January 2026, the bank’s clients will be able to allocate 1% to 4% of their portfolios into digital assets with direct guidance from their financial advisors. This move comes as other Wall Street institutions also expand crypto options, reflecting wider industry shifts.
