Bank of America approves wealth advisors to “actively recommend” clients to buy Bitcoin! Investment ratio is 1%-4%, officially starting in January next year

Bank of America (BofA) officially announced that its wealth management unit will officially allow advisors to recommend to clients that 1%-4% of their investment portfolio be allocated to cryptocurrencies.
(Preliminary summary: Is Bitcoin saved? Vanguard will open investment in encrypted ETFs, and 50 million users will have trillions of dollars of funds pouring in)
(Background supplement: BlackRock Bitcoin ETF has become BlackRock’s most profitable fund, earning $245 million in fees a year)

Bank of America (Bank of America, BofA) officially announced that its wealth management department will officially allow advisors to recommend to clients how to change their investment portfolios 1%-4% allocated to cryptocurrencies.

This new policy covers the three major platforms of Merrill, Bank of America Private Bank and Merrill Edge, and is expected to officially take effect on January 5, 2026. This represents a major policy shift for BofA in the field of digital assets: in the past, customers could only "actively apply" for access to related products, and advisors were not allowed to actively recommend them. Now the taboo has finally been broken.

The first batch of four Bitcoin ETFs to open

According to BofA’s internal guidance document, the allocation ratio of 1%-4% will depend on the customer’s risk tolerance and interest in innovative technologies such as blockchain. Conservative investors recommend closer to 1%, while clients with a higher risk appetite can go up to 4%. In this regard, BofA Chief Investment Officer Chris Hyzy also emphasized: "For investors who have a strong interest in innovative technologies and can tolerate higher volatility, a moderate allocation of 1%-4% is appropriate." In addition, the bank also specifically requires the use of regulated investment tools, prudent allocation of assets, and allowing customers to fully understand opportunities and risks.

For investment targets, the first batch of U.S. spot Bitcoin ETFs recommended by Bank of America are: BlackRock’s IBIT, Fidelity’s FBTC, Bitwise’s BITB, and Grayscale Bitcoin Mini Trust (BTC).

Institutions start an investment boom

It is worth mentioning that, in addition to Bank of America, many heavyweight institutions have successively relaxed relevant regulations since 2025, including Morgan Stanley, BlackRock and Fidelity. At the same time, just recently, Vanguard, which has long said no to crypto assets, also rarely reversed its policy and announced that it would open customers to trade crypto ETFs.

Analysis points out that this collective shift of institutions is expected to bring tens of billions of dollars in new funds to spot Bitcoin ETFs, increase market liquidity, and allow more mainstream investors to safely participate in this wave of digital assets through their most familiar brokerage firms and bank accounts.