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XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
Altcoins

World's second-largest bank boosts XRP holdings

The Bank of America Corporation (NYSE: BAC) is the world's second-largest bank by market capitalization. The Wall Street bank recently revealed that it boosted its holdings in cryptocurrencie

AnonymousCryptoCompass newsroom
August 18, 2026
2 min read
NEWS
World's second-largest bank boosts XRP holdings
CryptoCompass editorial visual for altcoins coverage.

The Bank of America Corporation (NYSE: BAC) is the world's second-largest bank by market capitalization.

The Wall Street bank recently revealed that it boosted its holdings in cryptocurrencies like XRP, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) and trimmed its holdings in crypto companies like Strategy (Nasdaq: MSTR) and American Bitcoin Corp. (Nasdaq: ABTC) last quarter.

According to the 13F filing with the U.S. Securities and Exchange Commission (SEC), the Bank of America holds $94 million in net exposure in Bitcoin, Ether, and XRP through exchange-traded funds (ETFs).

Related: 209-year-old bank reveals XRP holdings

XRP

With a market cap of $62.7 billion, XRP is the sixth-largest cryptocurrency.

The Bank of America boosted its XRP holdings in the second quarter of 2026. The banking giant holds 13,260 shares of the Volatility Shares XRP ETF (Nasdaq ticker: XRPI).

Bitcoin

With a market cap of $1.3 trillion, Bitcoin is the largest cryptocurrency.

The bank boosted its holdings in BlackRock's iShares Bitcoin Trust ETF (Nasdaq: IBIT) to 1.72 million shares in the last quarter from 972,590 shares in the earlier quarter. In short, the bank raised its IBIT holdings by 77% in the quarter.

The bank also holds stakes in Bitwise Bitcoin ETF (NYSE Arca: BITB), Grayscale Bitcoin Trust ETF (NYSE Arca: GBTC), Grayscale Bitcoin Mini Trust ETF (NYSE Arca: BTC), Fidelity Wise Origin Bitcoin Fund (CBOE: FBTC), VanEck Bitcoin ETF (CBOE: HODL), and Direxion Daily Bitcoin Bull 2X ETF (NYSE Arca: BTCU).

Solana

With a market cap of $44.9 billion, Solana is the seventh-largest cryptocurrency.

The bank has fully exited its Solana holdings in the last quarter. It has sold the 10,296 shares of Volatility Shares Solana ETF (Nasdaq: SOLZ) from its portfolio.

Strategy

Led by billionaire entrepreneur Michael Saylor, Strategy (Nasdaq: MSTR) is the world's leading Bitcoin treasury company which holds 840,447 BTC.

The firm held 1.17 million MSTR shares worth approximately $102 million last quarter, down from 3.96 million stocks in the previous quarter.

American Bitcoin

American Bitcoin (Nasdaq: ABTC) is an American Bitcoin mining and treasury management company which was founded in Eric Trump and Donald Trump Jr. in March 2025.

The bank sold all 85,508 shares in the Trump family-linked American Bitcoin.

Related: MicroStrategy sends harsh response to fresh MSCI delisting threat