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Benzinga
Benzinga
Business
Parshwa Turakhiya

Bank Of America Begins CIO Due Diligence On 4 Bitcoin ETFs (UPDATED)

Bitcoin Bank of America América Crypto BAC NYSE Cryptocurrency BlackRock ETF Fidelity
Massachusetts,,Usa,-,26,July,2024.,Bank,Of,America,Logo

Editor's Note: Headline updated for clarity.

Bank of America Corp. (NYSE:BAC) on Tuesday began formally recommending a 1% to 4% cryptocurrency allocation for its wealth management clients and said it will launch coverage of multiple Bitcoin (CRYPTO: BTC) ETFs starting January 5.

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