Bank of America 13F Reveals $53M Crypto ETF Exposure

Opening

Bank of America reported $53 million in aggregate exposure to spot cryptocurrency exchange-traded funds in its latest 13F securities filing, according to regulatory tracking data cited in the source. The position includes direct holdings in Bitcoin, Ethereum, Solana, and XRP-linked investment vehicles. The disclosure marks a formal institutional allocation to crypto-linked equities within the bank's portfolio.

Bitcoin Concentration and Ethereum Reduction

The bank's largest crypto-linked position is approximately $37 million in BlackRock's iShares Bitcoin Trust, which serves as its primary digital asset vehicle. In contrast, Bank of America reduced its Ethereum exposure to 67,492 shares in BlackRock's iShares Ethereum Trust, valued at approximately $1.06 million. The bank also scaled back its Solana-linked product holdings during the quarter, while maintaining its position in the Volatility Shares XRP exchange-traded fund unchanged.

MicroStrategy Equity Position

Beyond direct spot ETF holdings, Bank of America maintains a significant equity stake in MicroStrategy, holding approximately 3.96 million shares valued at $660 million. MicroStrategy has used corporate debt to fund Bitcoin acquisitions, creating an indirect exposure channel to cryptocurrency through equity markets.

Context

The 13F filing requirement applies to institutional investment managers holding over $100 million in U.S. equity securities. Cryptocurrency spot ETF positions and equity holdings in crypto-linked companies must be disclosed through this regulatory framework.