BANK OF AMERICA DISCLOSES $53 MILLION IN CRYPTO ETF HOLDINGS
Bank of America has revealed in its 2026 Q1 13F filing submitted to the SEC that it currently holds nearly $53.1 million worth of cryptocurrency ETFs and crypto-related stock positions. The filing shows the bank holds approximately 972,600 shares of the BNY Mellon Spot Bitcoin ETF (IBIT), valued at around $37 million, representing its largest single crypto ETF holding.
Beyond Bitcoin exposure, the bank also holds approximately $7.98 million of Bitwise BITB, $3.32 million of the Grayscale Bitcoin Mini ETF, and $1.71 million of Fidelity FBTC. In terms of Ethereum exposure, Bank of America holds around $1.06 million of the BNY Mellon ETHA ETF.
Market analysts believe this disclosure confirms that traditional financial institutions continue to expand their indirect exposure to the digital asset market through ETFs and stocks, further strengthening the trend toward institutionalization despite the current market downturn. The filing comes as spot Bitcoin ETFs have seen renewed outflows, highlighting the complex dynamics between institutional disclosure and actual trading activity.