Bank of America Raises IBIT Stake Cuts Ether And Solana ETFs

By CFN
about 5 hours ago
BANK AMERICA SOL AMERICA ETF
  • Bank of America disclosed $53M in crypto ETF exposure, led by a $37M position in BlackRock’s IBIT Bitcoin ETF.
  • The bank also held FBTC and BITB, but reduced allocations to Ether and Solana ETFs during the quarter.
  • IBIT remained the dominant holding due to liquidity and inflows, reinforcing institutional preference for Bitcoin-linked ETFs.

Bank of America reported new crypto ETF positioning in its Q1 13F filing in 2026, increasing exposure to Bitcoin-linked funds while reducing Ether and Solana ETF holdings. The bank disclosed about $53 million in total crypto ETF exposure, including $37 million in BlackRock’s IBIT position. Ether and Solana ETF allocations were reduced during the period.

Bank Of America Raises Bitcoin ETF Exposure

Bank of America increased its IBIT allocation during the first quarter according to its latest regulatory filing. It also held smaller positions in Fidelity’s FBTC, Bitwise BITB, and Grayscale Bitcoin products. 

This brought total crypto ETF exposure to about $53 million for the period. 13F filings capture institutional equity and ETF holdings reported quarterly to U.S. regulators. Crypto ETF exposure remains a small fraction of Bank of America’s overall investment portfolio. 

Fidelity FBTC and Bitwise BITB also remain part of Bank of America’s diversified Bitcoin ETF exposure. Regulators continue to monitor crypto ETF disclosures through standard 13F reporting frameworks.

BlackRock IBIT Continues To Dominate Holdings

BlackRock’s IBIT remained the largest crypto ETF holding within Bank of America’s portfolio. It continues to attract institutional inflows due to liquidity and distribution scale. IBIT has become one of the most actively traded spot Bitcoin ETFs in the market. 

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Its liquidity has supported increased participation from wealth managers and institutional investors. Spot Bitcoin ETFs allow investors to gain exposure without directly managing wallets or private keys. ETF flows are increasingly used as indicators of institutional sentiment toward digital assets.

Ether And Solana ETF Allocations Are Reduced

Ether and Solana ETF exposure was reduced in the same reporting period. The shift reflects more selective positioning across major altcoin-linked investment products. Ethereum and Solana continue to appear in institutional portfolios but at lower allocations. 

Regulated Bitcoin ETF products have attracted higher allocation preference among large financial institutions. Investor interest in altcoin ETFs remains comparatively lower than Bitcoin-linked products across institutional channels. These filings provide quarterly snapshots of institutional positioning across crypto markets.

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