Key facts
- Bank of America holds nearly $94 million in net exposure across Bitcoin, Ethereum, and XRP ETFs.
- The firm increased its BlackRock Bitcoin ETF (IBIT) shares by 77% to over 1.72 million.
- Bank of America's BlackRock Ethereum ETF (ETHA) holdings grew by 2,838% to 1.98 million shares.
- The bank reduced its MicroStrategy (MSTR) stock holdings by 70%, now holding 1.17 million shares.
- Bank of America sold all its shares in American Bitcoin Corp (ABTC).
Bank of America (BofA) has significantly expanded its investment in cryptocurrency-related exchange-traded funds (ETFs) during the second quarter of 2026, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). The financial giant now holds nearly $94 million in net exposure across Bitcoin, Ethereum, and XRP ETFs.
Within its Bitcoin ETF holdings, Bank of America raised its stake in BlackRock's Bitcoin ETF (IBIT) by 77%, now owning over 1.72 million shares. The bank also holds over $10 million in Bitwise's BITB, $2.24 million in Grayscale Bitcoin Mini ETF, and $1.32 million in FBTC, alongside exposure to GBTC, HODL, and BTCU.
Bank of America's investment in BlackRock's Ethereum ETF (ETHA) saw a substantial increase of 2,838%, with holdings reaching 1.98 million shares. The bank also slightly increased its position in the Volatility Shares XRP ETF (XRPI), holding 13,260 shares.
Conversely, Bank of America has fully exited Solana ETFs, having sold its remaining shares of the Volatility Shares Solana ETF. This move follows a previous reduction in its 2x Solana ETF holdings.
In parallel, Bank of America trimmed its holdings in MicroStrategy (MSTR) stock by 70%, reducing its stake to 1.17 million shares valued at approximately $102 million. The bank also sold all 85,508 shares of the Trump family's American Bitcoin Corp (ABTC). However, it increased its holdings in Bitmine Immersion (BMNR) by 78% and Hyperliquid Strategies Inc (PURR) by 167%. The bank also holds investments in companies like Circle, Coinbase, and various Bitcoin mining firms.