Bank of America is the latest major name to issue a BTC allocation recommendation.

🔸 Bank of America (BOA)—the second largest bank in the US—has recommended wealthy clients allocate 1%–4% to crypto, targeting those who can tolerate high volatility.

🔸 Starting January 5, BOA has allowed clients access to four Bitcoin ETFs:
• Bitwise Bitcoin ETF (BITB)
• Fidelity Wise Origin Bitcoin Fund (FBTC)
• Grayscale Bitcoin Mini Trust (BTC)
• BlackRock iShares Bitcoin Trust (IBIT)

🔸 Previously, BOA’s financial advisors were not permitted to directly suggest crypto products—now the recommendation is official, signaling a major shift in stance towards Bitcoin.

🔸 BOA emphasized: investment should only be done through tightly regulated channels, with a clear understanding of risks and only at a “moderate” allocation.

🔸 This move comes just one day after Vanguard—the world’s second largest asset manager—allowed crypto ETF trading, reversing its previous stance.

🔸 BlackRock has also previously recommended clients allocate up to 2% to Bitcoin, viewing it as a risk level equivalent to the “Magnificent 7” stocks (Amazon, Apple, Microsoft, Alphabet, Tesla, Meta, Nvidia).

🔸 Bank of America currently holds $2.67 trillion in assets and operates more than 3,600 branches#JoinGrowthPointsDrawToWiniPhone17 #DecemberMarketOutlook $BTC $ETH