Bank of America reported cryptocurrency ETF exposure of about $53 million in its first-quarter 2026 13F filing, with BlackRock’s iShares Bitcoin Trust leading the group.
summary
- Bank of America’s Q1 report showed nearly $53 million of ETF exposure to cryptocurrencies overall.
- IBIT led the bank’s cryptocurrency ETF holdings, with a reported stake of about $37 million overall.
- The filing showed a decline in Ethereum and Solana positions as Bitcoin products remained the largest allocation.
the Deposit It showed a larger IBIT position and smaller exposure to Ether and the Solana ETF, putting Bitcoin at the center of the bank’s crypto ETF basket.
Bank of America owned 972,590 shares of IBIT worth about $37.3 million at the end of the quarter, up from 719,008 shares in the previous filing. This made IBIT the largest cryptocurrency ETF position in the bank’s report.
The bank also holds smaller Bitcoin ETF positions across other issuers. Its reported holdings included about $7.98 million in Bitwise’s BITB, $3.32 million in Grayscale’s Bitcoin Mini Trust, and about $1.71 million in Fidelity’s FBTC. Smaller positions in GBTC, VanEck’s HODL and ARKB also remain on the books.
Ether and Solana exposure moves lower
The filing showed a decline in exposure to Ethereum and Solana products during the same quarter. Bank of America’s allocation to Ethereum was approximately $1.06 million through BlackRock’s ETHA, with 67,492 shares remaining after the cut.
The bank also sold 700 shares of the Volatility Shares 2x Solana ETF and retained 10,296 shares of the benchmark Solana ETF, worth approximately $86,000. XRP exposure remained unchanged at 13,000 shares of the Volatility Shares XRP ETF, worth about $98,500.
Strategic stocks dwarf ETF holdings
The ETF positions were smaller than the bank stock exposure linked to cryptocurrencies. The filing also showed 3.96 million shares in Strategy, formerly known as MicroStrategy, worth approximately $660 million.
The strategy is still widely followed because Large Bitcoin vault. For Bank of America, this equity position was more than a dozen times larger than its direct exposure to cryptocurrency ETFs at the end of the quarter.
Bank deposits add to the trend of institutional ETFs
The application was filed with the SEC on Form 13F-HR. The SEC’s filing page lists the filing date as May 18 and the reporting period as March 31.
Coverage of crypto.news related news I mentioned Wells Fargo also used regulated cryptocurrency products in the first quarter, with the IBIT of the largest cryptocurrency ETF position remaining at around $250 million. The same report noted that 13F filings show the holdings, not the reason behind each deal.
Separate crypto.news website a report He cited a Coinbase and EY-Parthenon survey of 351 institutions. It found that 73% planned to increase digital asset allocations in 2026, while regulated products became the preferred exposure route for nearly two-thirds of respondents.
