Bank of America Endorses Crypto, Recommends 1-4% Portfolio Allocation for Wealthy Clients

03.12.2025 23:37 4 sources positive

Bank of America, the second-largest U.S. bank, has officially recommended a 1-4% cryptocurrency allocation for its wealthiest clients. This marks the first time its network of over 15,000 financial advisers can actively recommend Bitcoin ETFs. Starting January 5, the bank will open access to four major BTC ETFs, signaling that crypto is now considered a standard portfolio component.

This institutional endorsement is part of a growing trend, with giants like BlackRock, Vanguard, Fidelity, and Morgan Stanley also calling for modest Bitcoin exposure. The move is seen as the strongest institutional alignment the crypto sector has ever witnessed.

The news has shifted trader attention towards high-upside projects. While BlockchainFX price prediction models and the veteran AI network Bittensor are gaining traction, the article heavily promotes DeepSnitch AI (DSNT) as the primary beneficiary. The project's presale has raised over $655,000, and its token price has already jumped 70%. Its live network offers real-time whale tracking and market sentiment analysis, providing an "unfair informational advantage" historically reserved for institutions. Rumors of upcoming Tier-1 and Tier-2 exchange listings are fueling its presale momentum, with the article suggesting potential for 100x to 300x returns upon its planned January 2026 launch.

Separately, the article mentions Ethereum's upcoming "Fusaka" upgrade, scheduled for December 3rd, which introduces Peer Data Availability Sampling (PeerDAS). This represents a strategic shift towards faster, high-impact upgrade cycles. Despite this, Ethereum's short-term technical sentiment is noted as bearish, with the price trading below key moving averages.