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Traditional financial giants are finally dropping the act; $53 million is just the appetizer, and the institutional wave has only just begun.

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BlockBeatNews
Bank of America discloses nearly $53 million in crypto ETF holdings, with holdings in IBIT valued at approximately $37 million
Bank of America disclosed in its Q1 2026 13F filing with the SEC that it holds a total of approximately $53 million in crypto ETFs and stock positions, including ETFs related to Bitcoin, Ethereum, XRP, Solana, as well as IBIT, BITB, Grayscale Bitcoin Mini, ETHA, and others, and owns stocks such as Coinbase, Robinhood, Circle, and SoFi. The market generally believes that traditional financial institutions are expanding their indirect exposure to digital assets through ETFs and stocks, driving the institutionalization trend.
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