Short News View Non-AMP

Bank of America Opens the Door to Bitcoin ETF Allocations

Published by
Sohrab Khawas

Bank of America updated its policy in December 2025, allowing over 15,000 advisors across Merrill, Private Bank, and Merrill Edge to recommend 1% to 4% crypto allocations via spot Bitcoin ETFs like BlackRock’s IBIT, Fidelity’s FBTC, Bitwise’s BITB, and Grayscale’s Mini Trust starting January 5, 2026. This proactive shift ends prior restrictions requiring client requests, following 2024 SEC ETF approvals and peers like Morgan Stanley (2% to 4%) and Vanguard. Managing $1.7 trillion in assets, the bank views crypto as high-risk innovation akin to private equity, suitable for volatility-tolerant clients.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Venus Protocol Hit by $3.7M Flash Loan Attack on BNB Chain

Decentralized lending platform Venus Protocol has reportedly suffered a suspected flash-loan attack on its Core…

March 16, 2026

Solana Price Prediction Gets a Boost, While Pepeto’s Exchange Token at Presale Pricing Could Deliver the Returns SOL Cannot

The CEO of one of the world’s largest investment firms just told CNBC that Bitcoin…

March 15, 2026

Cardano Price Prediction Turns Bullish, While Pepeto’s Whale Wallets Load Ground Floor Positions Before the Listing Reprices Everything

March is shaping up as the month that changes the altcoin conversation. Midnight mainnet went…

March 15, 2026

XRP Price Prediction Turns Bullish After Breaking $1.39 Downtrend While Pepeto Presale Holders Prepare for the Returns XRP Cannot Deliver

The breakout the XRP community waited months for just happened. XRP smashed through $1.39 with…

March 15, 2026

Is XRP a Scam? Bitcoin Philosopher Says Ripple Is Running a $500 Million Per Quarter Wealth Transfer Scheme

A viral clip circulating on crypto Twitter has reignited one of the most divisive arguments…

March 15, 2026

XRP Price Prediction: Could New PayFi Remittix Compete With XRP In 2026

For years, XRP has been one of the leaders in the PayFi sector. Its focus…

March 15, 2026