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Bank of America Holds Nearly $53M in Crypto ETFs, Raises IBIT and Cuts Ethereum

2026-05-23 02:41:38

Abstract generation in progress

Bank of America's latest first-quarter 13F filing showed nearly $53 million in cryptocurrency ETF and related concept stock holdings. BlackRock's IBIT was the bank's largest crypto ETF position at approximately $37 million. The filing also showed sharply lower Ethereum ETF holdings and about $660 million of MicroStrategy shares.

BAC-0.09%

IBIT-2.97%

ETH-4.31%

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