Bank of America officially started advising wealth management clients to allocate up to 4% of their portfolios to digital assets. They began coverage of four Bitcoin ETFs this week. Morgan Stanley also joined in today by filing for Bitcoin and Solana ETFs. It looks like a broader trend of traditional finance moving in. JPMorgan, Goldman Sachs, and Charles Schwab are expanding their trading and custody options. US Bank resumed Bitcoin custody for institutional managers citing better regulatory clarity. On the corporate treasury side, Eric Trump announced that American Bitcoin is now the 19th largest public holder. Market reaction was mild in the pre-market, though Core Scientific was up about 3.7%.