​Bank of America Corporation (NYSE:BAC) is one of the Cheap NYSE Stocks to Buy Now. On December 4, Reuters reported that Bank of America Corporation (NYSE:BAC) is allowing its wealth advisers to recommend crypto allocations in client portfolios starting next month. ​According to the report, since early 2024, specific clients with assets meeting certain predetermined thresholds have had access to bitcoin ETFs. However, now will also be able to advise crypto exchange-traded products without any asset class ...

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 ...

$BTC is currently recovering from its worst pullback this cycle, a 36% correction that started after it made ATH on October 6meanwhile we have a confluence of lots of good news all at once- the US Federal Reserve (FED) ended QT on December 1, the first time they will be doing this since ending a QT cycle in September 2019- the FED injected $13.5 billion in liquidity into the banking system which is one of their largest liquidity injections since COVID- further FED rate cuts are expected in a week's time- ul ...

More major Banks recommending 4% Bitcoin allocations for their clientsWu Blockchain (@WuBlockchain):Bank of America is now recommending a 1%–4% crypto allocation for clients of Merrill, the Private Bank, and Merrill Edge, and will begin CIO coverage of four bitcoin ETFs — BITB, FBTC, Grayscale’s Mini Trust, and IBIT — starting Jan. 5, 2026. This marks a shift from its previous ...

Bank of America crypto allocation. Photo by BeInCrypto Bank of America (BofA) has officially endorsed a 1%–4% allocation to crypto for its wealth management clients, marking a landmark shift in how Wall Street approaches digital assets. However, the move arrives at a challenging time for retail investors, who now hold the majority of Bitcoin ETF supply and are absorbing significant market losses. BofA Opens the Door to Mainstream Crypto Exposure Yahoo Finance reported on Tuesday that Bank of America wil ...

Bank of America is now recommending a 1%–4% crypto allocation for clients of Merrill, the Private Bank, and Merrill Edge, and will begin CIO coverage of four bitcoin ETFs — BITB, FBTC, Grayscale’s Mini Trust, and IBIT — starting Jan. 5, 2026. This marks a shift from its previous policy that barred advisers from proactively suggesting crypto products, allowing over 15,000 advisers to formally include digital assets in client portfolios.https://t.co/pPM6XwBbR2 ...