Bank of America supports 1–4% crypto allocation, unlocks Bitcoin ETFs access

Starting January 5, 2026, Bank of America’s wealthiest clients will have access to Bitcoin ETFs, with a 1–4% cryptocurrency allocation recommended by Chris Hyzy, the bank’s chief investment officer.

This change indicates a significant institutional appetite for regulated crypto products, as seen by Vanguard’s recent move to permit crypto ETF trading, reflecting evolving market attitudes.

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