BAC Opens Door to Crypto in Managed Portfolios: What Does This Mean?

Key Takeaways Bank of America will allow 1-4% crypto allocations in advised portfolios starting January 2026.The move brings crypto into BAC's house view via research, guidelines and ETF-based access.Select spot Bitcoin ETFs like those from Bitwise, Fidelity and BlackRock will anchor initial exposure.Starting January 2026, Bank of America (BAC) will let its wealth advisers recommend a small crypto allocation, typically 1% to 4%, for suitable clients across Merrill, Bank of America Private Bank and Merrill E ...