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Financial institution of America picks Bitcoin ETF over Ether and Solana in Q1



Financial institution of America picks Bitcoin ETF over Ether and Solana in Q1

Financial institution of America reported about $53 million in crypto ETF publicity in its Q1 2026 13F submitting, with BlackRock’s iShares Bitcoin Belief main the group. 

Abstract

  • Financial institution of America’s Q1 submitting confirmed roughly $53 million in reported crypto ETF publicity total.
  • IBIT led the financial institution’s crypto ETF holdings, with its reported stake close to $37 million total.
  • The submitting confirmed decrease Ether and Solana positions as Bitcoin merchandise stayed the most important allocation.

The submitting confirmed a bigger IBIT place and smaller Ether and Solana ETF publicity, placing Bitcoin on the heart of the financial institution’s reported crypto ETF basket.

Financial institution of America held 972,590 shares of IBIT value about $37.3 million on the finish of the quarter, up from 719,008 shares within the prior submitting. That made IBIT the most important single crypto ETF place within the financial institution’s report.

The financial institution additionally held smaller Bitcoin ETF positions throughout different issuers. Its reported holdings included about $7.98 million in Bitwise’s BITB, $3.32 million in Grayscale’s Bitcoin Mini Belief, and about $1.71 million in Constancy’s FBTC. Smaller positions in GBTC, VanEck’s HODL, and ARKB additionally stayed on the books.

Ether and Solana publicity strikes decrease

The submitting confirmed decrease publicity to Ether and Solana merchandise throughout the identical quarter. Financial institution of America’s Ethereum allocation stood close to $1.06 million by way of BlackRock’s ETHA, with 67,492 shares remaining after the discount.

The financial institution additionally offered 700 shares of the Volatility Shares 2x Solana ETF and saved 10,296 shares of the usual Solana ETF, valued close to $86,000. XRP publicity stayed unchanged at 13,000 shares of the Volatility Shares XRP ETF, value about $98,500.

Technique inventory dwarfs ETF holdings

The ETF positions have been smaller than the financial institution’s crypto-linked fairness publicity. The submitting additionally confirmed 3.96 million shares of Technique, previously MicroStrategy, valued close to $660 million.

Technique stays broadly tracked due to its massive Bitcoin treasury. For Financial institution of America, that fairness place was greater than twelve instances bigger than its direct crypto ETF publicity at quarter-end.

Financial institution filings add to institutional ETF development

The submitting was submitted to the U.S. Securities and Change Fee as a Type 13F-HR. The SEC submitting web page lists a Could 18 submitting date and a March 31 reporting interval.

Associated crypto.information protection reported that Wells Fargo additionally used regulated crypto merchandise in Q1, with IBIT nonetheless its largest crypto ETF place at about $250 million. The identical report famous that 13F filings present holdings, not the rationale behind every commerce.

A separate crypto.information report cited a Coinbase and EY-Parthenon survey of 351 establishments. It discovered that 73% deliberate to extend digital asset allocations in 2026, whereas regulated merchandise had grow to be the popular publicity route for about two-thirds of respondents.



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