Dec 4 (Reuters) – Bank of America will begin allowing its wealth advisers to recommend allocations to crypto in client portfolios from next month, the U.S. lending giant said on Thursday, in a landmark moment for the digital assets sector.

Starting January 5, advisors at Bank of America Private Bank, Merrill, and Merrill Edge will be able to suggest several crypto exchange-traded products (ETPs) clients, without any asset threshold.

Clients whose assets met predetermined thresholds have had access to bitcoin ETFs since early 2024, the bank said. However, the latest move evolves the role of advisors from executors of crypto orders to advisers.

As U.S. President Donald Trump continues to push regulatory relief for the asset class, crypto has been benefiting from widespread institutional a

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