Bank of America recommends that clients allocate 1%-4% of their assets to cryptocurrencies
Bank of America announced that its wealth management clients should consider allocating cryptocurrencies in their investment portfolios. It is recommended that customers allocate 1%-4% of their assets to digital assets.
Starting on January 5 next year, the bank’s investment strategists will begin covering four Bitcoin ETFs, including Bitwise Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, Grayscale Bitcoin Mini Trust and BlackRock iShares Bitcoin Trust.
