America's Second-Largest Bank Raises IBIT Stake, Cuts Ether and Solana ETF Exposure America's second-largest bank, Bank of America (BofA),…
America's Second-Largest Bank Raises IBIT Stake, Cuts Ether and Solana ETF Exposure
America's second-largest bank, Bank of America (BofA), disclosed nearly $53 million in crypto ETF exposure in its latest Q1 13F filing.
BofA significantly increased its BlackRock Bitcoin ETF (IBIT) holdings to about $37 million in Q1, while trimming its Ethereum and Solana ETF positions. It also held smaller allocations in other Bitcoin ETFs, including BITB, FBTC, and Grayscale products.
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