TechFlow, Dec 2 — According to Yahoo Finance, Bank of America announced that its wealth management clients should consider allocating cryptocurrencies in their portfolios. The bank recommends clients on Merrill, Bank of America Private Bank, and Merrill Edge platforms allocate 1%–4% of their assets to digital assets.
Starting January 5 next year, the bank's investment strategists will begin covering four Bitcoin ETFs: Bitwise Bitcoin ETF (BITB), Fidelity Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Mini Trust (BTC), and BlackRock iShares Bitcoin Trust (IBIT).




