Starting today, Bank of America allows its wealth advisors to recommend up to 4% bitcoin allocation to clients.

BlockBeats News, January 5, Bank of America, which manages assets totaling $1.7 trillion, has officially allowed its wealth management advisors to recommend up to a 4% bitcoin allocation to clients starting today.

The market generally believes that this move marks a further shift in mainstream financial institutions' attitudes toward bitcoin, and that 2026 may become a pivotal year for crypto assets.

As previously reported by BlockBeats, on December 2, Bank of America became the latest Wall Street giant to adopt an open stance toward bitcoin. Beginning in January next year, the bank's wealth management advisors will be permitted to recommend that clients allocate 1%–4% of their assets to cryptocurrencies. Initially, the Bank of America/Merrill Lynch team will focus on four spot bitcoin ETFs—BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and Grayscale's BTC.