Bank of America Lifts Bitcoin ETF Stake to About $37M in Q1 2026 13F

Bank of America reported roughly $53.1 million in crypto ETF exposure in its Q1 2026 13F filing with the U.S. Securities and Exchange Commission, led by a larger position in BlackRock's iShares Bitcoin Trust (IBIT) and reduced exposure to Ethereum and Solana products. IBIT remains the bank's largest crypto ETF holding. Bank of America disclosed 972,590 IBIT shares valued at about $37.3 million, up from 719,008 shares in the prior quarter, leaving Bitcoin as the clear majority of its crypto ETF allocation. Beyond IBIT, the filing showed smaller Bitcoin ETF positions across other issuers, including about $7.98 million in Bitwise's BITB, $3.32 million in Grayscale Bitcoin Mini Trust, and roughly $1.71 million in Fidelity's FBTC. The bank also maintained exposure to GBTC, VanEck's HODL, and ARKB. While adding to IBIT, Bank of America trimmed other crypto ETF positions. Its Ethereum exposure was listed at roughly $1.06 million via BlackRock's ETHA, with 67,492 shares reported after reducing the holding during the quarter. On the Solana side, the bank sold 700 shares of the Volatility Shares 2x Solana ETF and held 10,296 shares of the standard Solana ETF, valued at about $86,000. XRP exposure was unchanged, with 13,000 shares of the Volatility Shares XRP ETF valued at nearly $98,500. The filing also highlighted a far larger, indirect Bitcoin-linked position through Strategy stock. Bank of America disclosed 3.96 million shares of Strategy (formerly MicroStrategy) valued at nearly $660 million, a stake more than twelve times larger than its direct crypto ETF exposure. In addition, the bank reported holdings spanning Strike preferred shares, convertible notes, and other crypto-linked equities, including American Bitcoin Corp, Bitmine Immersion, Hyperliquid Strategies, Coinbase, Circle, MARA Holdings, Riot Platforms, and CleanSpark. Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Readers should exercise caution before taking any action related to the companies or products mentioned.