Major US banking institution just dropped a bombshell: they're now green-lighting up to 4% crypto exposure in portfolios. Even bigger? They've scrapped those old adviser restrictions and rolled out bitcoin ETF coverage.

This shift feels massive when you consider how conservative traditional banks have been. We're talking about an institution that previously kept advisers on a tight leash regarding digital assets—now they're essentially saying "go ahead, but keep it under 4%."

The timing's interesting too. Bitcoin ETFs have been gaining institutional traction, and this move signals that legacy finance is finally treating crypto as a legitimate asset class rather than some fringe speculation. That 4% cap suggests cautious optimism—enough to participate in potential upside, contained enough to manage risk exposure.

For wealth advisers, this is huge. They can finally have the crypto conversation without looking over their shoulders. Whether this becomes the new industry standard remains to be seen, but when big banks move, others often follow.