- Financial institution of America elevated its BlackRock IBIT holdings to just about $37.3 million within the first quarter of 2026.
- The financial institution lowered its publicity to ETH and SOL ETFs with out altering its XRP holdings.
- Complete crypto ETF publicity reached roughly $53.1 million throughout BTC, ETH, XRP, and SOL merchandise.
Financial institution of America disclosed roughly $53.1 million in crypto ETF holdings in its newest Q1 2026 thirteenth submitting with the U.S. Securities and Alternate Fee.
The financial institution elevated its publicity to Bitcoin by means of BlackRock’s iShares Bitcoin Belief (IBIT) whereas lowering positions associated to Ethereum and Solana merchandise, in line with the submitting.
The largest place goes to IBIT. Financial institution of America at the moment owns 972,590 shares value roughly $37.3 million, up from 719,008 shares final quarter. Bitcoin makes up the majority of the financial institution’s crypto ETF allocation.
The submitting additionally exhibits small positions in Bitcoin ETFs throughout a number of issuers. The financial institution reported roughly $7.98 million in Bitwise’s BITB, roughly $3.32 million in Grayscale Bitcoin Mini Belief, and roughly $1.71 million in Constancy’s FBTC. Exposures to GBTC, VanEck’s HODL, and ARKB remained on the books as nicely.
Bitcoin allocation continues to extend
Financial institution of America solely added to its IBIT place whereas lowering publicity in different elements of the crypto ETF section. This transfer separated Bitcoin from the remainder of the market inside banks’ allocation methods.
The submitting factors to a extra selective strategy, quite than widespread enlargement of cryptocurrencies. Bitcoin publicity elevated, whereas Ethereum and Solana positions declined.
The corporate’s Ethereum allocation at the moment stands at roughly $1.06 million by means of BlackRock’s ETHA ETF. The financial institution reported proudly owning 67,492 shares of ETHA inventory after lowering its place through the quarter.
Financial institution of America additionally bought 700 shares of the Volatility Shares 2x Solana ETF, leaving it with 10,296 shares of the Customary Solana ETF value about $86,000.
XRP publicity remained unchanged. The financial institution continued to carry 13,000 shares of the Volatility Shares XRP ETF value practically $98,500, in line with submitting information.
Strategic Positioning Dwarf ETF Holdings
Whereas the ETF’s positions stay small in comparison with Financial institution of America’s total steadiness sheet, the submitting additionally revealed a a lot bigger oblique wager on Bitcoin by means of technique shares.
The financial institution disclosed possession of three.96 million shares of Technique (previously MicroStrategy), valued at roughly $660 million. This place alone is greater than 12x the financial institution’s direct crypto ETF publicity.
The submitting additionally exhibits positions in Strike most popular inventory, convertible debt, and cryptocurrency-related shares, together with American Bitcoin Corp, Bitmine Immersion, Hyperliquid Methods, Coinbase, Circle, MARA Holdings, Riot Platforms, and CleanSpark.
Trying on the construction of the portfolio, we see that whereas the financial institution nonetheless favors giant equity-based Bitcoin publicity, it’s utilizing ETFs extra sparingly.
Associated: Financial institution of America permits 15,000 advisors to supply Bitcoin. CIO units “1-4% allocation” normal
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