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Bank of America: Gold tops the list of safe-haven assets, and Bitcoin's potential should not be underestimatedIn the turmoil of financial markets, investors always look for the safest haven. While bonds are the favorite of conservatives, young people and technology geeks prefer Bitcoin. It is worth noting that despite the many challenges facing the global economy, gold is still regarded as the most reliable safe-haven asset by analysts at Bank of America. On the other hand, Bank of America pointed out that gold has shown its stability regardless of interest rate changes. Although banks are currently cautious about the role of Bitcoin in the financial market, some leading US banks have begun to open their doors to Bitcoin, such as Bank of America's Merrill Lynch and Wells Fargo, which have begun to offer Bitcoin ETFs to qualified customers.

Bank of America: Gold tops the list of safe-haven assets, and Bitcoin's potential should not be underestimated

In the turmoil of financial markets, investors always look for the safest haven. While bonds are the favorite of conservatives, young people and technology geeks prefer Bitcoin. It is worth noting that despite the many challenges facing the global economy, gold is still regarded as the most reliable safe-haven asset by analysts at Bank of America.
On the other hand, Bank of America pointed out that gold has shown its stability regardless of interest rate changes. Although banks are currently cautious about the role of Bitcoin in the financial market, some leading US banks have begun to open their doors to Bitcoin, such as Bank of America's Merrill Lynch and Wells Fargo, which have begun to offer Bitcoin ETFs to qualified customers.
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These two US banks are launching spot Bitcoin ETFsThis article briefly: • Bank of America Merrill Lynch and Wells Fargo reportedly launched spot Bitcoin ETFs to clients. • The banks are extending the product to wealth management clients and those holding brokerage accounts. • Banks are embracing spot Bitcoin ETFs as Bitcoin prices soar, Bloomberg reports. According to reports, two major U.S. banks, Merrill Lynch and Wells Fargo, are now offering spot Bitcoin exchange-traded funds (ETFs) to their clients. The two banks are reportedly offering the product to wealth management clients who request it, as well as those holding brokerage accounts.

These two US banks are launching spot Bitcoin ETFs

This article briefly:
• Bank of America Merrill Lynch and Wells Fargo reportedly launched spot Bitcoin ETFs to clients.
• The banks are extending the product to wealth management clients and those holding brokerage accounts.
• Banks are embracing spot Bitcoin ETFs as Bitcoin prices soar, Bloomberg reports.

According to reports, two major U.S. banks, Merrill Lynch and Wells Fargo, are now offering spot Bitcoin exchange-traded funds (ETFs) to their clients.
The two banks are reportedly offering the product to wealth management clients who request it, as well as those holding brokerage accounts.
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