Bank of America Suggests Up to 4% Bitcoin Allocation for Wealth Clients

Bank of America is introducing digital assets exposure for wealth management clients starting in 2025, allowing up to 4% portfolio allocation to cryptocurrencies on platforms like Merrill and Private Bank. This move reflects growing institutional adoption amid Bitcoin's recent surge to near $91,600. Bank of America enables crypto allocations: Clients can now dedicate 1-4% of [...]