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Bank of America (BofA) Official Policy Shift: From Customer-Initiated Inquiry to Proactive Recommendations
Breaking news — Bank of America has officially adjusted its cryptocurrency investment advisory strategy. Previously "only upon customer request," cryptocurrency consultations have now been upgraded to a "proactive advisory" model.
In the specific policy, BofA officially recommends that clients allocate 4% of their investment portfolio to Bitcoin and cryptocurrencies. This shift signifies a significant increase in traditional financial institutions' recognition of digital assets and also reflects the growing interest of institutional investors in the crypto market.
The evolution from a passive response to proactive recommendations underscores a reassessment of Bitcoin asset allocation value. This is a noteworthy signal for the institutional acceptance process of the entire crypto ecosystem.