Bank of America Opens the Door to Crypto in Managed Portfolios

In a major shift for traditional banking, Bank of America (BAC) is now permitting its wealth‑management advisers to formally recommend cryptocurrency allocations — up to 1–4% of a client’s portfolio — beginning in 2026. Previously, clients of BAC’s divisions such as Merrill Lynch or Merrill Edge could access crypto‑related investments only upon request. Under the new policy, advisors may proactively suggest regulated crypto ETFs for clients with higher risk tolerance. Starting January 5, 2026, BAC plans to monitor four major Bitcoin ETFs — Bitwise Bitcoin ETF (BITB), Fidelity Bitcoin Fund (FBTC), Grayscale Bitcoin Mini Trust, and iShares Bitcoin Trust (IBIT) — making it easier for clients to get crypto exposure through familiar, regulated investment vehicles. This move marks a significant pivot for one of America’s largest banks, aligning it with other major financial institutions increasingly embracing digital assets. It underscores growing institutional confidence in cryptocurrencies and could pave the way for wider adoption among high‑net‑worth investors. #BankOfAmerica #CryptoPortfolio #BitcoinETF #WealthManagement #SlimScan #GrowthStocks #CANSLIM