'A Modest Allocation Of 1% To 4% In Digital Assets Could Be Appropriate': Bank of America Opens Access To Bitcoin ETFs

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bank of America (NYSE:BAC) is taking a more active stance on cryptocurrencies. Bank of America will start recommending several cryptocurrency exchange-traded funds to wealth clients starting Jan. 5, according to a statement to Benzinga. The move marks a shift from the Bank of America’s previous policy of offering digital asset investments to clients only on request. Bank of America Head of Investment Sol ...