Starting today, Bank of America allows its wealth advisors to recommend up to a 4% bitcoin allocation to clients

BlockBeats News, January 5th, U.S. Bank, with assets under management of $1.7 trillion, has officially allowed its wealth management advisors to recommend up to a 4% allocation of Bitcoin to clients starting today.

The market widely believes that this move marks a further shift in mainstream financial institutions' attitude toward Bitcoin, and 2026 may be a key year for crypto assets.

BlockBeats previously reported that on December 2nd, U.S. Bank became the latest Wall Street giant to adopt a pro-Bitcoin stance. Starting in January next year, the bank's wealth management advisors will be allowed to recommend that clients allocate 1%–4% of their assets to cryptocurrency. Initially, the U.S. Bank/Merrill Lynch team will focus on four physically backed Bitcoin ETFs—BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and Grayscale's BTC.