Bank of America is now formally advising its wealth management clients that a modest allocation to Bitcoin (BTC) and other crypto assets may fit within a diversified investment strategy. The guidance marks a notable shift in institutional sentiment, as digital assets gain wider acceptance among traditional financial players.
According to the bank’s wealth division, an allocation of up to 4% can help balance risk and return in portfolios, particularly as investor demand strengthens and regulatory frameworks evolve. The stance is consistent with broader industry trends, where major financial institutions have introduced crypto-related investment products to accommodate client interest.
The updated guidance reflects a broader move toward normalizing digital asset exposure among high-net-worth investors. While Bank of America continues to emphasize disciplined risk management, its position underscores the increasing integration of crypto into mainstream wealth planning.