Bank of America Increases Bitcoin ETF Exposure



America’s second-largest bank, Bank of America, disclosed nearly $53M in crypto ETF exposure in its latest Q1 13F filing.

Key highlights:
🔹 BofA raised its BlackRock Bitcoin ETF ($IBIT) holdings to around $37M
🔹 The bank reduced exposure to Ethereum and Solana ETFs
🔹 Smaller positions were also held in other Bitcoin ETFs, including BITB, FBTC, and Grayscale products

The filing suggests continued institutional preference toward Bitcoin exposure over broader crypto assets.
BTC1.12%
IBIT-2.97%
ETH2.17%
SOL1.44%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned