Bank of America Corporation (BAC) to Start Recommending Crypto Allocations [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance
Corporation (NYSE:BAC) is allowing its wealth advisers to recommend crypto allocations in client portfolios starting next month. ?According to the report, since early 2024, specific clients with assets meeting certain predetermined thresholds have had access to bitcoin ETFs. However, now will also be able to advise crypto exchange-traded products without any asset class thresholds. ?This move comes as the Trump administration is providing regulatory relief for asset classes. Chris Hyzy, Chief Investment Officer for Merrill and Bank of America Private Bank, noted, “for investors with a strong interest in thematic innovation and comfort with elevated volatility, a modest allocation of 1% to 4% in digital assets could be appropriate.” In addition, the share price of Bank of America Corporation (NYSE:BAC) has risen around 8% since its fiscal Q3 2025 earnings release announced on October 15. The company grew its quarterly revenue by 10.82% to $28.09 billion, surpassing estimates by $
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BAC
Earnings
- 10/15/25 - Beat
BAC
Sec Filings
- 12/15/25 - Form 424B2
- 12/15/25 - Form FWP
- 12/12/25 - Form 424B2
- BAC's page on the SEC website