Looks like the old guard is finally coming around. Bank of America—yeah, one of those legacy institutions that kept crypto at arm's length—just dropped a bombshell. Come January 5, 2026, they're officially advising clients to park 1% to 4% of portfolios in crypto. Not just a vague nod, either. Their Chief Investment Office will start covering spot Bitcoin ETFs: BITB, FBTC, Grayscale's Mini Trust, and IBIT. That long-standing "no crypto coverage" rule? Done. Scrapped. This isn't some fringe bank testing waters—it's BofA signaling that digital assets are no longer the wild west. Institutional adoption just leveled up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
4
Repost
Share
Comment
0/400
BearMarketNoodler
· 19h ago
It should have been like this long ago; the old-timers at BofA have finally cracked. A 1-4% allocation isn't particularly impressive, the key is that it's an officially recognized signal.
View OriginalReply0
ForkTrooper
· 19h ago
Wow, Bank of America finally backed down, now the institutions have to move too.
View OriginalReply0
FloorSweeper
· 19h ago
Bofa finally admitted defeat haha, now the institutions are really coming.
View OriginalReply0
FlatTax
· 20h ago
American banks have finally broken through, the 1-4% allocation has really arrived, now even established institutions have to follow suit.
Looks like the old guard is finally coming around. Bank of America—yeah, one of those legacy institutions that kept crypto at arm's length—just dropped a bombshell. Come January 5, 2026, they're officially advising clients to park 1% to 4% of portfolios in crypto. Not just a vague nod, either. Their Chief Investment Office will start covering spot Bitcoin ETFs: BITB, FBTC, Grayscale's Mini Trust, and IBIT. That long-standing "no crypto coverage" rule? Done. Scrapped. This isn't some fringe bank testing waters—it's BofA signaling that digital assets are no longer the wild west. Institutional adoption just leveled up.