Jan 6, 2026
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Bank of America Advisers Can Now Recommend Crypto ETPs
The second week of January brings several noteworthy events in the crypto world:
#1 BTC: Bank Of America's Advisory Shift
- Starting January 5, Bank of America advisers can recommend crypto exchange-traded products (ETPs).
- This shift enables active allocation guidance rather than just execution-only services.
- Merrill's Chris Hyzy suggests a 1% to 4% allocation for investors comfortable with volatility.
- Bank of America's large network could have significant long-term market impact.
#2 Ethereum Blob Capacity Upgrade
- On January 7, Ethereum will undergo its second "Blob Parameter Only" upgrade (BPO2).
- This upgrade aims to increase per-block blob capacity, enhancing rollup data throughput.
- The change could lower transaction costs, though benefits depend on demand dynamics.
#3 Hyperliquid (HYPE) Token Unlock
- On January 6, Hyperliquid Labs will release 1.2 million HYPE tokens, valued at $31.2 million.
- The event may create sell pressure, but outcomes depend on recipient actions.
#4 Stellar’s Privacy Testnet Upgrade
- Stellar will upgrade its testnet to Protocol 25, named "Stellar X-Ray," on January 7.
- The upgrade focuses on privacy infrastructure using zero-knowledge cryptography.
#5 Macro Outlook
- US forces captured Venezuelan President Nicolás Maduro, affecting crypto prices.
- Tensions may rise with potential US interventions in the region.
- Uncertainty looms over Fed leadership changes, impacting market predictions.
At press time, the total crypto market cap is $3.12 trillion.
