Updated: 2026-05-23
- In the first quarter, Bank of America invested in crypto-ETF nearly $53 million
- The bank’s largest investment was IBIT from BlackRock.
- Positions in ETF, related to ETH, XRP и Solana, were much smaller than in Bitcoin-funds.
Bank of America (hereinafter referred to as the Bank) continues to actively invest in cryptocurrency ETFIn the first quarter of this year, the second largest US bank by assets invested nearly $53 million in exchange-traded funds linked to Bitcoin, Ethereum, XRP и Solana.
Bank of America made its largest investment in Bitcoin- funds, more precisely, in iShares Bitcoin Trust ETF (IBIT) from BlackRock. The bank increased its stake in the exchange-traded fund from 719,008 shares to 972,590. It also has other positions in bitcoin ETF, including in products from Bitwise (almost $7,98 million), Fidelity ($1,71 million), a stake in two funds from Grayscale (about $3,32 million), VanEck, Ark and 21Shares.
Bank of America’s stake in Ethereum is much smaller than its stake in bitcoin ETFThe bank retained 67,492 shares of the iShares exchange-traded fund. Ethereum Trust ETF (ETHA) from BlackRock for $1,06 million.
In the first quarter, the financial institution also invested in ETF, Related to XRPThe bank retained 13,000 shares. ETF Volatility Shares XRP, that is, this position remained unchanged. But his share in Solana-ETF has decreased.
The American bank invests in cryptocurrency not only through exchange-traded funds. Bank of America’s portfolio includes approximately 3,96 million shares of Strategy, worth nearly $660 million, known as the largest corporate holder of BTC.
Bank of America is known for its positive stance on cryptocurrencies. At the beginning of the year, the editorial board Happy Coin News Reported, that the bank began to officially recommend its clients to invest in Bitcoin and other digital assets.
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