- Bank of America will allow wealth advisors to recommend crypto ETFs starting next month.
- Regulatory relief and rising investor demand are driving the shift.
- BAC stock is up after strong Q3 earnings and growing market-related revenue.
Bank of America will allow its wealth advisors to recommend crypto allocations starting next month, according to new reporting from Reuters. Clients previously needed to meet high asset thresholds to gain access to Bitcoin ETFs, but the updated framework removes these restrictions and lets advisors discuss crypto-linked exchange-traded products with a broader segment of investors. This shift reflects a broader trend of traditional finance integrating digital assets into mainstream portfolio strategies. It also represents one of the most aggressive moves yet by a major U.S. bank to normalize crypto exposure inside regulated wealth management.
Regulatory Relief Under the Trump Administration Accelerates Adoption
This policy update comes as the Trump administration continues rolling out regulatory relief for digital assets. Bank of America’s Chief Investment Officer, Chris Hyzy, noted that investors comfortable with volatility may find a one-to-four percent crypto allocation appropriate. Hyzy’s comments underline how digital assets are being reframed as an emerging thematic innovation rather than a fringe speculation. With government signals turning supportive, institutions appear increasingly willing to weave Bitcoin and other crypto ETFs into long-term financial planning.
BAC Stock Strengthens on Solid Financial Performance
Beyond its pivot to crypto, Bank of America’s stock has climbed around eight percent since releasing its fiscal Q3 2025 earnings in mid-October. The company delivered quarterly revenue of 28.09 billion dollars, beating expectations by more than six hundred million. Earnings per share landed at 1.06 dollars, and management highlighted that more than eleven billion dollars of revenue came from market-linked businesses such as trading, investment banking, and asset management. These segments grew fifteen percent year over year, showing strong momentum across the bank’s higher-value operations.
What This Means for the Future of Crypto Integration
Bank of America’s decision to allow wealth managers to directly recommend crypto ETFs marks a major institutional turning point. The bank serves consumers, corporations, institutional investors, and government clients across four major segments, giving it one of the nation’s widest advisory footprints. By embedding digital assets into its wealth-management framework, BAC may accelerate broader adoption across Wall Street and signal that crypto is transitioning from an experimental asset class into a standard allocation option. As more banks follow this path, digital assets could become a normalized component of diversified portfolios through the remainder of the decade.
