[Bank of America Recommends Allocating 1%–4% to Crypto Assets for Wealth Management Clients] According to Yahoo Finance, Bank of America (BAC) stated that its wealth management clients should start considering allocating a certain proportion of their portfolios to cryptocurrencies. The institution recommends that clients of Merrill Lynch, Bank of America Private Bank, and Merrill Edge allocate 1%-4% of their funds to digital assets. Its investment strategists will begin focusing on four Bitcoin ETFs (BITB, FBTC, Grayscale Mini Trust, IBIT) starting January 2026. Chris Hyzy, Chief Investment Officer of Bank of America Private Bank, said in a statement: "For investors who are highly interested in thematic innovation and can comfortably accept high volatility, a moderate allocation of 1%-4% in the digital asset space may be appropriate. Our recommendation emphasizes selecting regulated investment tools, making thoughtful asset allocations, and having a clear understanding of the opportunities and risks involved. For investors with a more conservative risk appetite, the lower end of this allocation range may be more suitable; whereas for those with a higher overall risk tolerance in their investment portfolios, the upper end may be more appropriate."