Bank of America Expands Cryptocurrency Access for Wealth Management Clients

2025-12-05 / Read about 0 minute

Author：小编

Bank of America announced on Thursday that starting next month, its wealth advisors will be able to recommend cryptocurrency allocations in client portfolios, marking a new stage in the digital asset sector. From January 5th, advisors at Bank of America Private Bank, Merrill, and Merrill Edge will be able to recommend various cryptocurrency exchange-traded products (ETPs) to clients without any asset threshold restrictions. The bank revealed that since early 2024, clients with qualifying assets have been able to invest in Bitcoin ETFs. This new initiative transforms the advisors' role from executing cryptocurrency orders to providing allocation advice.

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