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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.

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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.

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