Despite the price dip, adoption by traditional finance (TradFi) continues to deepen. Bank of America has recently authorized its network of 15,000 advisors to recommend spot Bitcoin ETFs to clients, suggesting a portfolio allocation of 1% to 4%. This follows similar institutional pivots by Morgan Stanley and Goldman Sachs earlier in the year#GateSquare$50KRedPacketGiveaway $BTC
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Mainstream Banking Integration
Despite the price dip, adoption by traditional finance (TradFi) continues to deepen. Bank of America has recently authorized its network of 15,000 advisors to recommend spot Bitcoin ETFs to clients, suggesting a portfolio allocation of 1% to 4%. This follows similar institutional pivots by Morgan Stanley and Goldman Sachs earlier in the year#GateSquare$50KRedPacketGiveaway $BTC