Bank of America is urging its wealth management clients to consider placing a small but deliberate slice of their portfolios into digital assets.

The bank now recommends a 1% to 4% crypto allocation, marking a significant shift in how one of the country’s largest financial institutions approaches Bitcoin exposure.

The guidance applies across Merrill, Bank of America Private Bank, and Merrill Edge, according to a Yahoo Finance report. 

It also unlocks crypto recommendations for more than 15,000 advisers who were previously restricted from initiating conversations about digital assets unless a client asked for it directly.

The change takes effect Jan. 5, when the…

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As the Federal Reserve prepares to end Quantitative Tightening (QT), the bitcoin price stands at a critical macroeconomic inflection point. With odds for a December rate cut now pricing it in as almost a certainty, the stage is set for a potential shift in monetary policy that could fundamentally alter the trajectory of Bitcoin and broader risk assets. History suggests that when the Fed’s balance sheet stops contracting, Bitcoin typically experiences significant bullish catalysts.

Balance Sheet Reversals and the Bitcoin Price

The Fed balance sheet versus Bitcoin chart reveals a compelling pattern. Over Bitcoin’s history, there have been only three previous instances where QT…

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Bank of America is advising its wealth management clients to consider adding cryptocurrency to their investment strategies. The bank now recommends a 1%–4% crypto allocation across Merrill, Bank of America Private Bank, and Merrill Edge accounts. Beginning January 5, its strategists will cover four major bitcoin ETFs, including offerings from Bitwise, Fidelity, Grayscale, and BlackRock.

Bank executives say the shift reflects growing demand as more investors look for regulated, secure ways to enter the digital asset market. Clients with higher risk tolerance may lean toward the upper end of the allocation range, while conservative investors are urged to stay closer to 1%. Previously, advisers were limited in recommending crypto, leaving many clients to seek access elsewhere.

Major financial institutions—including Morgan Stanley, Fidelity, BlackRock, and JPMorgan—are also expanding crypto options, signaling broader Wall Street acceptance despite recent market volatility. Bitcoin has dipped from its $126,000 peak to about $85,000, but banks say long-term investor interest remains strong.

Vanguard Group will allow bitcoin and crypto-linked exchange-traded funds and mutual funds to trade on its platform, reversing a policy that for years barred retail clients from accessing digital-asset products through the firm.

Starting Tuesday, Vanguard brokerage customers will be able to trade ETFs and mutual funds that primarily hold select cryptocurrencies, including Bitcoin and other crypto, according to Bloomberg reporting. 

The move marks a shift for the world’s second-largest asset manager, which has long argued that digital assets were too volatile and speculative for long-term portfolios.

The decision follows growing demand from both retail and institutional…

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The bitcoin price stumbled into December with fresh volatility, plunging 8% early Monday to the mid-$84,000s before clawing back toward $85,456 at the time of writing.

The world’s largest digital asset is now teetering at a key $85,000 level — a price band analysts say could determine whether the bitcoin price stabilizes or slides toward a deeper test of $75,000 in the weeks ahead.

The pullback extends a two-month downtrend that has erased more than 30% from Bitcoin’s October record highs. Over the past 24 hours, BTC traded between $91,866 and $83,800, with thin liquidity and a surge in forced liquidations accelerating the move.

Bitcoin price key levels: $85,000,… Read more on BitcoinMagazine