🚨 Bank of America Signals a Shift Toward Bitcoin
Bank of America is reportedly easing its stance on crypto, now allowing up to 4% portfolio exposure to Bitcoin and potentially other digital assets for certain clients. This marks a notable change from the traditionally cautious approach taken by major U.S. banks. The move reflects growing institutional recognition of Bitcoin as a legitimate portfolio diversifier, rather than a fringe or purely speculative asset.
Analysts view this as part of a broader trend in conservative wealth management, where regulated financial institutions are gradually integrating crypto alongside stocks, bonds, and cash—especially as investors seek hedges amid evolving macroeconomic conditions. This decision could also pressure other large institutions to reassess their own crypto allocation strategies as long-term adoption continues to expand. $BTC
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