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Bank of America backs 1%–4% crypto allocation, opens door to Bitcoin ETFs

Bank of America’s wealthiest clients will gain access to Bitcoin ETFs, while its network of over 15,000 wealth advisers can recommend crypto exposure for the first time, Yahoo reported.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bank of America backs 1%–4% crypto allocation, opens door to Bitcoin ETFs

Bank of America’s wealthiest clients will gain access to Bitcoin ETFs, while its network of over 15,000 wealth advisers can recommend crypto exposure for the first time, Yahoo reported.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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