Bank of America to Open Advisors' "Recommended Allocation" Channel for Crypto Assets

BTC-0,98%

According to Jinse Finance, Reuters reports that Bank of America has announced that starting January 5, 2026, wealth advisors at its Private Bank, Merrill, and Merrill Edge divisions will be able to recommend crypto asset-related ETPs/ETFs to clients, with no minimum account asset requirement. Previously, only clients meeting certain asset thresholds could access Bitcoin ETFs from early 2024, and this move upgrades from merely “executing client instructions” to “offering allocation advice.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cryptocurrency Fear and Greed Index Falls to 11, Market Panic Sentiment Rises Significantly

Gate News: On March 20, according to Alternative data, today's cryptocurrency Fear and Greed Index is 11, down significantly from 23 yesterday, indicating a notable rise in market panic sentiment. The index threshold ranges from 0-100 and is composed of the following indicators: volatility accounts for 25%, market trading volume accounts for 25%, social media heat accounts for 15%, market surveys account for 15%, Bitcoin's proportion in the overall market accounts for 10%, and Google Trends analysis accounts for 10%.

GateNews1m ago

Mainstream CEX and DEX funding rates show the market maintains a comprehensive bearish outlook

On March 20th, Gate News reported that according to Coinglass data, Bitcoin experienced a slight pullback, with funding rates on mainstream CEX and DEX showing an overall bearish market sentiment. Funding rates impact traders' costs and returns, with rates below 0.005% indicating widespread market bearish outlook.

GateNews8m ago

Bitcoin whale wallets increased by 753 over three months, a 3.9% rise.

Gate News, on March 20, Santiment data showed that over the past three months, the number of Bitcoin whale wallets holding more than 100 BTC increased by 753, representing a 3.9% increase. Notably, this growth occurred while Bitcoin's price declined 20.2% during the same period. The increase in the number of large holders suggests that major investors remain confident in the long-term potential of cryptocurrencies.

GateNews9m ago

Sophisticated traders shift focus to Bitcoin volatility amid directional trading challenges

Traders are turning to volatility-based strategies in Bitcoin markets as they often struggle to profit despite correctly predicting market direction. This shift highlights the growing focus on market volatility among sophisticated traders.

GateNews14m ago

Yesterday Bitcoin spot ETF had net outflows of 89.65 million dollars, with BlackRock's IBIT outflow of 37.71 million dollars

According to Gate News, Bitcoin spot ETFs saw total net outflows of $89.65 million on March 20, with major outflows from BlackRock, Fidelity, Bitwise, and Ark, while Franklin and Valkyrie recorded small inflows.

GateNews14m ago
Comment
0/400
sellakvip
· 2025-12-07 08:09
السوق الصاعد في أوجه 🐂
Reply0