Wealth Management
According to Yahoo, Bank of America will allow its wealthiest clients to buy Bitcoin ETFs and for the first time permit its network of advisers to recommend crypto exposure, with a 1–4% allocation guideline. The move signals broader institutional acceptance of BTC products.
Binance has launched bespoke private-client services targeting ultra-wealthy investors and family offices, offering tailored OTC, custody and lending solutions. The push aims to draw institutional-sized flows while likely increasing regulatory and compliance scrutiny.
Younger, wealthier Americans are moving away from financial advisors who dismiss Bitcoin, seeking professionals who can combine crypto exposure with broad, low-cost equity index strategies.
Citi Wealth, led by Andy Sieg, is committed to supporting clients throughout their financial journey this year and beyond, offering expert guidance and tailored strategies.
Crypto-assets including cryptocurrencies, NFTs, and tokenized real estate are poised for significant growth in retail and wealth sectors. Platforms like Bitlet.app are making it easier to invest today, offering crypto installment services for flexible payments.