Bank of America has increased its investment in Bitcoin-focused ETFs, reporting $37.3 million in BlackRock's iShares Bitcoin Trust (IBIT) as of Q1 2026. This marks a significant rise from 719,008 shares to 972,590 shares. The bank's total crypto ETF holdings reached approximately $53 million, with additional investments in Bitwise BITB, Grayscale’s Bitcoin Mini Trust, and Fidelity’s FBTC. Despite this increase in Bitcoin ETF exposure, Bank of America's largest crypto-related investment remains its $660 million stake in Strategy (formerly MicroStrategy), which holds a substantial Bitcoin treasury. The bank's filings indicate a preference for Bitcoin-centric products, with limited exposure to Ethereum and Solana. This conservative approach aligns with broader institutional trends favoring regulated crypto products.