Bank of America advises wealth management clients to allocate 1% - 4% of their portfolios to cryptocurrency

CoinVoice has learned that, according to Yahoo Finance, Bank of America has announced that its wealth management clients should consider allocating cryptocurrency in their portfolios. The bank advises clients of Merrill, Bank of America Private Bank, and Merrill Edge to allocate 1% - 4% of their assets to digital assets. Starting from January 5 of next year, the bank's investment strategists will begin covering four Bitcoin ETFs, including Bitwise Bitcoin ETF (BITB), Fidelity Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Mini Trust (BTC), and BlackRock iShares Bitcoin Trust (IBIT). [Original link]