What did Bank of America reveal about its crypto ETF investments?

Bank of America disclosed nearly $53 million in holdings tied to crypto exchange-traded funds in its latest SEC filing. The positions included exposure to Bitcoin, Ethereum, XRP and Solana investment products.

Which Bitcoin ETF is Bank of America’s largest crypto position?

The bank’s biggest crypto ETF holding is iShares Bitcoin Trust, worth roughly $37 million. Bank of America increased its holdings to 972,590 shares from 719,008 shares previously.

Why is Bank of America increasing its Bitcoin ETF exposure?

The increase suggests continued institutional demand for regulated Bitcoin investment products despite broader crypto market volatility. Spot Bitcoin ETFs allow large financial firms to gain exposure to Bitcoin through traditional financial infrastructure.

Did Bank of America reduce its Ethereum and Solana holdings?

Yes. The bank reduced part of its Ethereum and Solana ETF exposure during the quarter while maintaining smaller positions in both assets.

What happened to Bank of America’s XRP ETF investment?

Bank of America maintained its position in the XRP ETF issued by Volatility Shares. The filing showed no major change in its XRP-linked holdings compared with the previous quarter.

Why are institutional investors using crypto ETFs instead of directly holding crypto?

Crypto ETFs allow institutions to access digital assets within regulated brokerage and custody frameworks. Many banks and asset managers prefer ETFs because they simplify compliance, reporting and operational risk management.

What other crypto-related companies does Bank of America own shares in?

The bank disclosed major holdings in Strategy, Coinbase, Circle, MARA Holdings, Riot Platforms and CleanSpark.

Why is Strategy such a large holding for Bank of America?

Strategy holds a massive Bitcoin treasury and is widely used by institutions as an indirect leveraged Bitcoin exposure play. Bank of America disclosed nearly $660 million worth of Strategy shares.

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Bank of America boosts Bitcoin ETF exposure

Written by Heidi Cuthbert Published May. 20 2026Last Updated May. 20 2026

Bank of America disclosed almost $53 million in cryptocurrency exchange-traded fund holdings in its latest quarterly filing with the US Securities and Exchange Commission.

The filing showed the bank increased its exposure to spot Bitcoin products, led by a $37 million position in iShares Bitcoin Trust through 972,590 shares, up from 719,008 shares previously.

Bank of America also disclosed positions in Bitwise Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, Grayscale Bitcoin Mini Trust, VanEck Bitcoin Trust and ARK 21Shares Bitcoin ETF.

The bank reduced its Ethereum exposure to roughly $1.06 million through iShares Ethereum Trust, mirroring a broader institutional trend after Goldman Sachs reportedly cut Ethereum ETF holdings sharply during the quarter.

Meanwhile, Bank of America maintained its position in the XRP ETF issued by Volatility Shares and trimmed part of its Solana ETF exposure while retaining more than 10,000 shares linked to Solana investment products.

Beyond ETFs, the bank disclosed nearly $660 million worth of shares in Strategy, alongside holdings in crypto-related firms including Circle, Coinbase, MARA Holdings, Riot Platforms and CleanSpark.

The filing also revealed investments in American Bitcoin Corp, Bitmine Immersion and Hyperliquid Strategies Inc, underscoring continued institutional interest in crypto infrastructure and digital asset investment products despite broader market volatility.

At the time of reporting, Bitcoin price was $76,748.19.