Big development coming out of traditional finance. Bank of America appears to be taking a more open stance toward Bitcoin and crypto. According to recent reports, the bank is allowing clients to allocate up to 4% of their portfolios to Bitcoin, and possibly other digital assets, through spot ETFs.
This marks a noticeable change from the long-standing caution shown by major US banks. It suggests that institutions are beginning to view Bitcoin less as pure speculation and more as a legitimate diversification tool, similar to how gold is used in portfolios.
Even with the 4% limit in place, the move signals that crypto is increasingly being treated alongside traditional assets like stocks and bonds. That shift makes sense in a market where investors are looking beyond low-yield cash and bonds for better risk-adjusted opportunities.
It also feels like part of a broader trend, with more conservative wealth managers slowly getting exposure through regulated products, using Bitcoin as a hedge or a way to enhance portfolio performance.
If Bank of America is making this move, it could encourage other large institutions to follow, especially as adoption continues and market infrastructure matures. Overall, it’s a positive sign for the long-term outlook of crypto.
Curious to hear your thoughts. Is this the point where exposure makes more sense?
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