Bank of America holds nearly $53 million in crypto ETFs in the first quarter, increases IBIT holdings, and significantly reduces Ethereum ETFs

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ME News message: On May 23 (UTC+8), according to Bank of America’s latest first-quarter 13F filing, the total size of its holdings in cryptocurrency ETFs and related concept stocks in the first quarter was close to $53.0 million. BlackRock’s IBIT is its largest single crypto ETF holding, valued at approximately $37.0 million; it holds 972,590 shares, up from 719,008 shares in the previous quarter. Bitwise holdings are worth approximately $7.98 million, Grayscale mini fund holdings are worth approximately $3.32 million, and Fidelity holdings are worth approximately $1.71 million. In addition, it also made small allocations to products such as Grayscale GBTC, VanEck HODL, and Ark 21Shares. Meanwhile, it significantly reduced its Ethereum ETF holdings and currently only holds 67,492 shares of the BlackRock Ethereum ETF, with a total value of approximately $1.06 million, and it cut its Solana ETF exposure. The XRP ETF remains at its original size, and it still holds 1.3万 shares of the Volatility Shares XRP ETF. At the same time, Bank of America also holds approximately 3.96 million shares of MicroStrategy, valued at approximately $660 million. (Source: ODAILY)
IBIT-2.38%
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TheTreeInTheCenterOfMistValley
· 3h ago
Let's wait until Q2 to see if ETH will increase its holdings again.
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YieldYuki
· 3h ago
Fidelity has 1.71 million, which is a bit behind BlackRock.
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NFTeaTime
· 3h ago
7.98 million BITB, Bitwise is considered a dark horse.
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GlassDomeRoaming
· 3h ago
This ratio indicates that traditional banks are still cautious about pure cryptocurrencies.
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FrenBurner
· 3h ago
XRP ETF still holds 13k shares, a bit surprising
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PaperSculptureOctopusPosition
· 3h ago
Gray scale mini 3.32 million, GBTC is completely out of favor
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PeacockSpreadsItsFeathersBut
· 3h ago
13F is delayed by 45 days; now it might have adjusted the portfolio earlier.
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