Bank of America has reported significant investments in crypto-related exchange-traded funds, totalling nearly $53 million across Bitcoin, Ethereum, XRP, and Solana products.
These details come from the bank’s latest Form 13F filing with the U.S. Securities and Exchange Commission for the first quarter of 2026. The filing shows that big traditional financial institutions are still investing in digital asset products, even as the market remains volatile.
BlackRock’s iShares Bitcoin Trust (IBIT) is still Bank of America’s biggest crypto ETF holding. The bank now owns 972,590 IBIT shares, worth about $37 million, which is a big jump from last quarter.
Besides IBIT, the bank reported owning several other Bitcoin ETFs. These include almost $8 million in Bitwise’s BITB, more than $3 million in Grayscale Bitcoin Mini ETF, and smaller amounts in FBTC, GBTC, VanEck’s HODL, and ARKB.
The filing also showed that Bank of America reduced its holdings in Ethereum ETFs. The bank now has about $1.06 million in BlackRock’s Ethereum ETF (ETHA). This follows a wider trend, as other major investors, such as Goldman Sachs, also cut back on Ethereum ETF holdings earlier this year.
Bank of America kept its XRP ETF holdings unchanged from last quarter. The bank also continued to invest in Solana-related ETFs, but it did lower some of its leveraged Solana positions.
The filing also showed that Bank of America has large investments in crypto-related companies. The bank owns almost 4 million shares of Strategy, valued at about $660 million. It also has investments in crypto mining firms and digital asset companies like Coinbase, MARA Holdings, Riot Platforms, and CleanSpark.
Even though these crypto investments are small compared to Bank of America’s total portfolio of over $1 trillion, analysts believe the filings show that institutions are becoming more confident in digital assets and regulated crypto products.
These new disclosures also show that Wall Street firms are slowly moving beyond just Bitcoin and Ethereum. They are starting to invest in newer products linked to assets like XRP and Solana as U.S. regulations become clearer.
🚨SCOOP: BANK OF AMERICA (BofA) DISCLOSES ALMOST $53 MILLION IN bitcoin:native ethereum:native ripple:native solana:So11111111111111111111111111111111111111112 ETFs POSITION🚨
It also holds Strategy ($MSTR), American Bitcoin Corp ($ABTC), Bitmine Immersion ($BMNR), and Others pic.twitter.com/bbOVdhQ9aY
— Rednirav (@CryptoRednirav) May 19, 2026
You need to login in order to Like
Leave a comment