#Bank of America

Highlights: Bank of America held nearly $53 million in crypto ETF exposure during the first quarter. BlackRock’s IBIT led BofA’s crypto ETF holdings with about $37 million in value. Ethereum, XRP, and Solana-linked ETF positions stayed much smaller than Bitcoin […]

Highlights: Bank of America now recommends 1 to 4% portfolio allocation in crypto. Advisors can actively guide clients using exchange-traded products, avoiding direct crypto custody risks. Small crypto allocation is designed to complement traditional investments, not replace them. Bank of […]

Highlights: Major US banks explore creating a joint stablecoin as crypto gains wider acceptance. Banks worry stablecoins may take deposits and disrupt payment control, especially from tech firms. Senate passes GENIUS Act setting clear stablecoin rules to ensure safety and […]

Highlights: Bank of America CEO sees crypto payments as a new payment method, not a threat. Moynihan emphasizes clear regulations for crypto payments to encourage banks’ involvement in crypto. Bank of America holds blockchain patents, signaling readiness for crypto industry […]