Bank of America has increased its exposure to Bitcoin-linked ETFs, with a significant $37 million investment in BlackRock's IBIT Bitcoin ETF, as disclosed in its Q1 2026 13F filing. The bank's total crypto ETF exposure reached $53 million, with additional holdings in Fidelity's FBTC and Bitwise's BITB. This move underscores a growing institutional preference for Bitcoin ETFs due to their liquidity and ease of access.
Conversely, Bank of America has reduced its allocations to Ether and Solana ETFs during the same period. This adjustment reflects a strategic shift towards more selective positioning in altcoin-linked investment products, as Bitcoin ETFs continue to dominate institutional portfolios. The filings highlight the ongoing trend of regulated Bitcoin ETF products attracting higher allocations from major financial institutions.
Bank of America Increases Bitcoin ETF Holdings, Reduces Ether and Solana Exposure
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