Bank of America Approves Bitcoin (BTC) Allocation Up to 4% for Wealth Management Clients

In a significant move for institutional cryptocurrency adoption, Bank of America has authorized its wealth management advisors to recommend Bitcoin (BTC) allocations of up to 4% within client portfolios. This policy shift, reported by internal sources, signals growing acceptance of the flagship digital asset among major traditional financial institutions. The recommendation is reportedly tailored for high-net-worth clients seeking diversified investment strategies. While the bank itself is not directly offering Bitcoin products, this guidance allows its extensive network of financial advisors to formally discuss and propose BTC exposure. This development is seen as a major step in bridging traditional finance with the digital asset ecosystem, potentially paving the way for broader crypto integration in mainstream wealth management.