Big news from traditional finance: Bank of America just gave the green light for their wealth advisors to pitch Bitcoin allocations—up to 4% of client portfolios. This marks a significant shift in how legacy institutions view crypto assets. When one of America's largest banks starts recommending BTC exposure to wealth management clients, you know the narrative is changing. The 4% cap suggests cautious optimism, but the mere fact that it's now on the table speaks volumes about Bitcoin's growing legitimacy in institutional circles.
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PermabullPete
· 12h ago
4% is really too conservative, but at least BTC has finally entered the hall.
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HodlOrRegret
· 12h ago
Four points are so conservative? Should really invest more in it.
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WealthCoffee
· 12h ago
Haha, boa is being submissive, TradFi is about to turn things around.
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HashBard
· 12h ago
4% allocation from BoA feels like watching the old guard finally crack open the door... but also wonder if it's just theater to seem relevant ngl
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PanicSeller
· 12h ago
American banks have started promoting BTC, TradFi is afraid of FOMO, haha.
Big news from traditional finance: Bank of America just gave the green light for their wealth advisors to pitch Bitcoin allocations—up to 4% of client portfolios. This marks a significant shift in how legacy institutions view crypto assets. When one of America's largest banks starts recommending BTC exposure to wealth management clients, you know the narrative is changing. The 4% cap suggests cautious optimism, but the mere fact that it's now on the table speaks volumes about Bitcoin's growing legitimacy in institutional circles.