RE: LeoThread 2025-12-02 12-10
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Bank of America Endorses Up to 4% Allocation of Wealth Management Portfolios to Crypto: Report
The bank joined a growing list of traditional finance firms that have increased their embrace of digital asset investment strategies.
Bank of America is endorsing allocations to crypto, per Yahoo Finance.
An executive described a 1% to 4% allocation to crypto as modest.
Asset management giant Vanguard is allowing people to access crypto on its platform.
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On the open you see the bear ravaging everything forcing the weak hands to act
#focus
Bank of America CIO Chris Hyzy recommends 1-4% crypto allocation for portfolios tolerant of volatility, per Yahoo Finance report. Joins Vanguard's crypto platform access for clients. Institutional adoption accelerating.