Here’s a smooth, conversational rephrasing that keeps the impact and clarity:
🚨 BREAKING: Bank of America Opens the Door to Crypto for Wealth Clients 🚀
Starting this January, Bank of America’s wealth advisors will officially be allowed to recommend a 1%–4% allocation to crypto assets — a massive shift from their previous “no-recommendations allowed” policy.
What’s included?
• Focus on spot Bitcoin ETFs: IBIT (BlackRock), FBTC (Fidelity), BITB (Bitwise), GBTC (Grayscale)
• A huge policy reversal that comes right after Vanguard changed course yesterday
• Moves BofA into alignment with other giants like BlackRock, Fidelity, and Morgan Stanley
• Adds pressure on holdouts: Wells Fargo, Goldman Sachs, UBS
Why this matters:
One of the biggest banks in the U.S. is now giving its wealthy clients a structured, conservative path into crypto. That’s real institutional adoption — not just talk.
As BofA’s CIO puts it:
“For investors comfortable with elevated volatility, a modest 1%–4% in digital assets could be appropriate.”
The wall between traditional finance and crypto is crumbling fast.
$BTC
