Best Crypto Investment 2026: Bank of America Enters Crypto as Pepeto Builds the Exchange That No Bank Can Control
## Bank of America Approves Bitcoin ETF Coverage
Bank of America Approves Bitcoin ETF Coverage
Bank of America has approved four spot Bitcoin ETF products for coverage by its advisors across Merrill, the Bank of America Private Bank, and Merrill Edge. The approved funds are:
BlackRock’s iShares Bitcoin Trust Fidelity Wise Origin Bitcoin Fund Bitwise Bitcoin ETF Grayscale Bitcoin Mini Trust
These funds are selected based on their liquidity, track records, and assets under management. The approval provides Merrill Lynch's client network with institutional-grade access to Bitcoin.
PepetoSwap is a decentralized exchange under development, designed to operate without being subject to suspension by banks, regulators, or institutional compliance departments. It aims to provide a continuous trading platform, contrasting with centralized exchanges which may restrict or delist tokens without notice.
The approval provides Merrill Lynch's client network with institutional-grade access to Bitcoin.
PepetoSwap has raised over $7.1 million, with a cross-chain bridge in active development and the trading exchange nearing launch.
BONK : Trading at $0.000006, BONK is a leading meme coin on Solana. It benefits from Solana's transaction throughput and large ecosystem, but currently relies on third-party exchanges for trading.
PEPE : Trading at $0.0000035, PEPE has a significant market cap and cultural recognition. However, it lacks a dedicated trading venue, a gap PepetoSwap aims to fill by providing a specialized trading environment for meme coins.
The launch of Bank of America's Bitcoin ETF coverage signifies a notable shift in institutional adoption of cryptocurrency. Concurrently, PepetoSwap presents a decentralized alternative for meme coin trading, addressing the limitations and restrictions often associated with centralized platforms.
Based on reporting by TechBullion.
